Crisis on Wall Street
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nice video!
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stupid krugmann
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A chink with an English accent.... Teaching in americA... This is wrong
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they used up all of their brainpower just thinking all this shit up, they forgot how to properly seat people when doing a demonstration, hey you in the corner , Move, youre fukin with my A.D.D.
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Great stuff, I agree with Krugman, Paulson's superexpensive witchcraft would only feed the bad guys (30:1 leverage, invested into a bubble, OMFG!), it can't guarantee that the economy to is gonna recover
semiliteratedgod 3 years ago 5
Notice the only comment on the (government) 'do nothing' option. Krugman says (40:20): "If they don't have the capital, they can't do ... they can't provide the credit. Now you could say well, you know, if it's a good business, why dosn't somebody come in and, you know, why don't people start new banks, if the existing banks are undercapitalized, and the answer is, yeah, give us a decade or so and that will happen."[cont.]
JoeTFriday 3 years ago 3