Richard Koo: Macroeconomic Management After a Crisis (2/7)
Loading...
Uploaded by INETeconomics on Apr 9, 2011
The video shows the panel Macroeconomic Management After a Financial Crisis at INET's Bretton Woods Conference on April 9, 2011. The speaker in this segment is Richard Koo, Chief Economist at the Nomura Research Institute. The other panelists are Duncan Foley, Marco Seccareccia, Alan Taylor, Carmen Reinhart, and John Smithin.
- 50 likes, 0 dislikes
-
Top Comments
All Comments (9)
-
@sysFail81 I know right, the idiots ringing Koo were all ears, and I bet nobody else on the panel had a theory that comes close to offering and understanding, and from there a solution, of the current crisis that Koo does.
-
The Holy Trinity of economic powers: Consumers, Businesses, Government. Economic health is determined when these three powers engage. However, right now two of these powers are in retreat; focused on reducing their debt; licking their wounds: Consumers and Business. That leaves the Government to prop us all up. Until the Consumer and Business are back, we are unfortunately tied to deficit spending. It is foolish to demand otherwise. We have been here before (thanks Japan).
-
Debt to GDP in Japan is the worst ever. Go short and make a lot of money on it. Anyway his presentation was very interesting.
-
comrade obama will never cut spending...which is good i guess according to Koo
-
fucking let him finish, idiot!
-
Joan Muyskens at Maastricht University understands this, as does the UMKC Modern Monetary Theory School and Bill Mitchell Newcastle University Australia.
- 16:50
Mario Seccareccia: Macroeconomic Management After a Crisis (3/7)by INETeconomics1,161 views
- 22:58
Duncan Foley: Macroeconomic Management After a Crisis (1/7)by INETeconomics648 views
- 19:40
Alan Taylor: Macroeconomic Management After a Crisis (4/7)by INETeconomics403 views
- 10:58
John Smithin: Macroeconomic Management After a Crisis (6/7)by INETeconomics335 views
- 6:43
Interview with Kenneth Rogoff on "This time is different"by JyskeGlobal4,316 views
- 2:37
The Incredible poverty in Japan !!!!!!!!!!by EconomyBurst34,990 views
- 1:02:04
"Current State of the Japanese Economy," Briefing by Mr. Richard Koo, Chief Economist, NRIby FPCJapan1,665 views
- 17:44
Your Enemy: George Sorosby laroucheyouth131,914 views
- 5:11
China: Played the Global Collapse Perfectlyby INETeconomics2,507 views
- 1:09:12
Richard Koo AT THE 2011 Argentine Central Bank Conferenceby ProfSteveKeen5,803 views
- 1:37
wall street experts don't understand macroeconomicsby politicsstuff4,358 views
- 1:53:55
Richard Koo Testifies Before Congressby INETeconomics2,290 views
- 9:49
Richard Koo: turmoil results when policymakers do not understand balance sheet recessionsby HedgeAnalystCom401 views
- 2:48
Carmen Reinhart & Kenneth Rogoff: Coming Out of the Crisisby carnegiecouncil2,910 views
- 23:18
John Cassidy, Richard Koo, Ken Rogoff - Debts, Deficits and Global Financial Stabilityby INETeconomics3,580 views
- 1:20
Carmen Reinhart: Serial Default Syndromeby carnegiecouncil1,745 views
- 22:30
Thomas Ferguson: Political Economy of Structural Adjustment (2/7)by INETeconomics691 views
- 15:29
Andrew Sheng: The Challenge of Large, Complex Financial Institutions (4/7)by INETeconomics846 views
- 18:06
Brian Arthur: Complexity in Economic Theory - INET Panel (2/5)by INETeconomics761 views
- 17:41
George Soros: The Emerging Economic and Political Order - What Lies Ahead? (4/5)by INETeconomics1,547 views
Koo is spot on. Why do so few policymakers understand that if the private sector is paying down debt and the government also pays down debt then the money supply shrinks. Someone has to borrow money to sustain the flow of credit and therefore the flow of incomes in the economy.
barryinspace 10 months ago 6
Obama and the Republicans will cut spending. And we will have a depression. Sad, but O will go down as the Herbert Hoover of this century.
slobko 8 months ago