Charlie Rose - Nouriel Roubini
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capital shortages-250 billion in torts, 50 billion in maddoff 50 billion in lost taxes and mortgages, 1-2 trillion in iraq and afghanistan, that is about 2 point 5 trillion wasted capital over the last thirty years in usa
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Well injecting money into the middle class to build infursture is the best. America needs a new innovation to build economy workers again. Cars, manufacturing plants, & other now import goods do not exist in Amerian anymore. But green energy & a health industry to be implamented as the new American econmy well bundle & lower America's problems of excessive global warming & uninsured. As well as manufactoring medications.
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Addressing the housing market, hello should be a priority! Stimulous package again!? Not sure about that. Guaranteeing that taxes will not go up, thereby keeping money/investors, majority of tax paying 20% here, good idea. Upping FDIC limits probably good idea. No MORE NEW TAXES! KEEPING BARNEY FRANK, DODD Pelosi in the power seats - more foxes in the henhouse. Frank and Dodd, let Fannie/Freddie go, real conflict of interest.
MADDOF keeps his 50 billion dollaras in ISRAEL.
hadi0550 2 years ago 3
prescient.
8data 3 years ago 3