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The Geopolitical Implications of the Financial Crisis with keynote address by Paul Krugman

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Uploaded by on May 28, 2010

The Center for International Security Study's second annual symposium was held on May 13-14, 2010 at the Woodrow Wilson School, Princeton University. Focusing on the world's financial crisis and its implications on geopolitics and strategic relationships across the globe, the symposium was launched by a keynote address by Paul Krugman on the current financial crisis in Greece and other countries in the European Union.

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  • id really love to hear that, but he's such a bad speaker, ill turn back to milton friedman again :)

  • the big problem (as usually) are the brits.. And the US "Love" exclusivly for Brittain...

    US do not "love" france or germany so we needed the brits to join in intirely and they didn't because of the "greater" commonwealth... its a mess ! Europe is too dispar for it to work..

  • The problem is privatly owned central banks and the practice of fractional reserve banking.

  • @ericfeinberg28 Well, you know it was all the fault of irresponsible borrowers which amounted to some $1.4T... meanwhile that number was leveraged out to $14T by Wall Street banksters...

  • @4everpiano Well sir you have no idea how complex economics are so talking with you is futile 

  • What is the little guy to do? Everyone can't afford a lawyer to get a fair chance at justice.

  • @4everpiano u should recognise the limit. printing money to an extant not endlessly. and that extant is something u can measure and deal with. u seem like to be with schiff and ron paul!!!

  • @dentedpat - so you think we should print money like there is no tomorrow because we are in a recession? Tell me Genius, why wouldn't the government just print out a million dollar check and hand it out to every man woman and child and solve the problem? You obviously is one of the believers of the "free lunch theory" and a Kkensyian clown"

  • @Kmacdonald2008 there is more to economics than the value of currencies and bonds. There is this thing called productivity.

  • @4everpiano Keynesian economics recommends correcting for economic downturns with fiscal policy not monetary policy. The idea that central banks can control the economy simply by controlling the money supply is the central idea of monetarism, a conservative economic theory whose creator (Friedman) admitted it had been empirically falsified. And the fact that you think too much debt is the problem when we are in the middle of a recession shows your ignorance as much as the first mistake did.

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