FRANCE 24 The Interview - Joseph Stiglitz comments on the financial crisis

[Magnolia455]

He is a genius! and he explains so many things simply and candidly that others prefer to disguise..

[hilho18]

8:43....what does Josph say? Gikelyhood?

[scweb007]

lol

[NomadTse]

y isn't he the in the gov't?

[electrodes1300]

He isn't in the U.S. Govt because he is over-qualified NomadTse...

[FreakishDonQuixote]

I like Stiglitz, but he seriously needs to learn how to TALK. watching him stumble through his interviews is painful

[LucBertolotti]

when you get used to it your mind simply ignores it

[ausendundeinenacht]

@FreakishDonQuixote how often do YOU stumble ay windmills?

[capitansurfista]

Read Stiglitz book on FAIR TRADE..and you will learn real truths about real world trade and how injust that is and thats why there is so much poverty in the world..stop denying truth..free trade is NO FREE TRADE..better start thinking about a social capitalism society cause thats what you already got like it or not..and I am no socialist just in case....worst comunist...just dont beleive in any ideology as dogma. I jjst think economic models depends on type of country, resources, people, etc.

[guma163]

Its a theory about informed decision making :)

[Baselman123]

Stiglitz is a great person!!!

greetings fom europa!!!

[dave777blaster]

Well this is a complete and well thought out analysis and good advice.

But since they have already gotten 12 trillion

from the Tax payer and are printing money 24/7 untill Sept when their plan of printing 15 times the dollars in circulation is complete.

Still 1,8 quadrillion of bank and AIG debts

plus the state and cities will want a bailout

I hear Larry Silverstein wants a bailout to rebuild the trade center now too.

Gm ,ford, Chrysler, and parts suppliers .

[HateAllNazis]

o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)

o Israel spies on this country.

o Israel blackmails our corrupt politicians.

o Israel steals our taxes.

o Israel uses our country as their toilet.

For more info, click my name then browse my "Favorite" tab.

Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!

[Fronte999]

the universities need help... to sustain their high salaries..... hate to tell you but if that's a 'problem' then there's an EASY solution.

[guma163]

I got a simipler solution on top of yours. People need to read books on economics/finance instead of watching American Idol so they won't be as easily swindled by financial shennigans

[indiasucksalways]

Stiglitz is a communist and a moron. What caused the 'crisis' was a flood of MILLIONS of guest workers from India and China who have now carried off most of America's wealth and destroyed most engineering jobs in the U.S.

[aristotledixit]

Wow! that's brilliant! did u find that alone? Stiglitz should give you his Nobel prize, you're such a genius

[Marly61]

To obtain a more explicit idea of the implementation of Amercan Neoliberalism and how it is purposely designed to lower average Americans standards of living by transferring wealth to elites, please watch on youtube: " David Harvey's A Brief History of Neoliberalism."

[Marly61]

Joe is great though but he can be too cautious on the "big screen". It is time to revolt militarily and sabotage US management.

[Marly61]

It disgusts me not to here, even joe, mention that Neoliberalism under State-Capitalism (privatization, deregulation, free markets for the average people, reductions of public projects, etc...) is the root of the crises. Neoliberalism has lead to a reduction in the average american's disposible income over the last 30 leading to american's acquiring debt to maintain consumption levels. This income reduction is the result of elites and US management providing raises below the rates of inflation.

[nestorrfortuna]

how sad.. not enough people watch this channel.

this is a good way to be aducated,

cheers

[puressentiel]

11:25 The banks are furnished by american people (not businesses)

Yet, who makes the economic decisions? the bank owners. Not the bank's providers (average people)

Stiglizt goes on saying that banks created the economic mess!.....

It's hard not to think of the Illuminaty type conspiracies at this point....

Get your monies out of banks... spend it wisely on durable goods....

[Luvie1980]

I agree. There needs to be a revolution!!

[Marly61]

if the american people have a zero savings rate as Joe said then what do they have to pull out of the banks?

[puressentiel]

Joseph Stiglizt is a major economics analyst that actually makes sense!

Don't be fooled by his pauses while he talks... that's because he actually thinks before he talks.... not enough people do this. Thank you France24English for posting this.... We need to have real information.