Nassim Nicholas Taleb assessment of our economy

[equsnarnd]

He's right in that those making monetary policy know not what they do. They don't have a clue because they are operating with Keynesian concepts which are just plain wrong.

[Ranger4564]

Why can't we all just confess, all the nations, that their banks all made up asset values, and that now, we'll tell you frankly, all of you, that we have no real assets? Then we can start from scratch and the people would not be destroyed, the fallacy of big business would be destroyed.

[Ranger4564]

I'm waiting for the crash. I'd rather not give away 70% of my house because the banks chose to create derivatives then claimed failure. TS.

[theroilsoil]

"Heavy Stuff" ??? You bet buddy!!!

[DeathOfTheDollar2010]

Smart man....