First of all, Charlie Rose is not so bright. Second of all, most of the people in politics are intellectually dishonest with their desire to truly understand problems. If there must be govt shrink it to an agency of protecting private property and let people voluntarily trade with each other and the world will be a much better place.
the problem was that corporations and individuals thought that someone would definitely bail them out, which was a wrong premise to begin with. And then the hell broke loose and we found ourselves in the biggest crisis since the great depression. The sentiment went down which caused the great recession.
1:38 look at the way Charlie puts him in right perspective. In addition, a lot of people knew a lot before, when Taleb claims they knew, that we all were over-leveraged, (I knew for sure)especially the MBS's, the inv't banks, the banks, freddie mac, fannie mae and the Govt., the insurers, the comman people who were owning two-three houses when they were only qualified to own just one.
In the beginning, I was pretty imprssed by Taleb and his Black Swan. Then I learnt some other theories by him. I was like 'are you serious, sir?' So please be carefull while reading/listening him.
@GBpueblo That should be true of anyone. I can't think of one person I agree 100% on everything they say or support. People have a responsibility to develop their own independent interrogative thought processes, not just worship heroes or walk lockstep philosophically with anyone else.
The thing that I find weary of Mr Taleb is that he never seems to be at a loss for words or a need to take a moment and collect his thoughts or re-examine things. He projects an aura of "having all the answers". A very "risky" attribute in my humble opinion.
If Bernanke hasn't learned the 70's lesson (as well as he did the 30's) then we are heading for double dip recession around 2012 raising interest massively to reign in the runaway inflation.
build up of risk or uncertainty? taleb needs to read more Keynes
TheLecrunch 1 month ago
hahaha I like Charlie Rose but he interrupts people constantly. Tell us what David Cameron has done no wait I'll tell you.
lavedon 10 months ago
Nassy T. rulz
avq5 10 months ago
is there anywhere we can see this full interview?
gazairl 11 months ago
@gazairl you can watch it on Charlie Rose's website. Just go to CharlieRose(dot)com
lavedon 10 months ago
First of all, Charlie Rose is not so bright. Second of all, most of the people in politics are intellectually dishonest with their desire to truly understand problems. If there must be govt shrink it to an agency of protecting private property and let people voluntarily trade with each other and the world will be a much better place.
sambking 11 months ago
the problem was that corporations and individuals thought that someone would definitely bail them out, which was a wrong premise to begin with. And then the hell broke loose and we found ourselves in the biggest crisis since the great depression. The sentiment went down which caused the great recession.
GBpueblo 1 year ago
1:38 look at the way Charlie puts him in right perspective. In addition, a lot of people knew a lot before, when Taleb claims they knew, that we all were over-leveraged, (I knew for sure)especially the MBS's, the inv't banks, the banks, freddie mac, fannie mae and the Govt., the insurers, the comman people who were owning two-three houses when they were only qualified to own just one.
GBpueblo 1 year ago
In the beginning, I was pretty imprssed by Taleb and his Black Swan. Then I learnt some other theories by him. I was like 'are you serious, sir?' So please be carefull while reading/listening him.
GBpueblo 1 year ago
@GBpueblo That should be true of anyone. I can't think of one person I agree 100% on everything they say or support. People have a responsibility to develop their own independent interrogative thought processes, not just worship heroes or walk lockstep philosophically with anyone else.
pretorious700 3 months ago
The thing that I find weary of Mr Taleb is that he never seems to be at a loss for words or a need to take a moment and collect his thoughts or re-examine things. He projects an aura of "having all the answers". A very "risky" attribute in my humble opinion.
dmokhtar 1 year ago 3
@dmokhtar
I agree. I don't find him extremely impressive. He strikes me as a man who desperately wants to be a genius or a sage.
ForgedInASupernova 4 months ago
If Bernanke hasn't learned the 70's lesson (as well as he did the 30's) then we are heading for double dip recession around 2012 raising interest massively to reign in the runaway inflation.
burmanhands 1 year ago