The Financial Crisis: Where Do We Go From Here?

Nouriel Roubini, Associate Professor of Economics and International Business, New York University; Brad W. Setser, Fellow for Geoeconomics, Council on Foreign Relations; Benn Steil, Director of International Economics, Council on Foreign Relations




Presider: Mort Zuckerman, Editor in Chief, U.S. News & World Report

(Sep 25, 2008 at the Council on Foreign Relations)

Category:

News & Politics

Tags:

• uchannel
• cfr
• academic
• lectures
• business
• finance
• financial
• crisis
• economy
• economics
• credit
• crunch
• banking

[kenn]

This video should come with a warning. We're going to see a negative feedback cycle for a few years. Liquidity issues may be possible to address by printing more money, but the trust, risk and leverage models are buried by this mess. It's literally a world wide hold your breath moment.

[MTL911Truth]

I love Roubini's no-bullshit analysis

[letsdance55]

@CALICOTV301 I have a good education however I think my life experience will be alot more useful when the shit hits the fan than my CIS degree. There will come a day my friend when you will say that guy was right I sure wish I would of built a retreat and stocked it up with the things I need to keep myself and family alive.

[CALICOTV301]

@letsdance55 Judging by your statement, education too.

[letsdance55]

At this point i would suggest that all citizens of the USA invest all thier money in canned food, a water supply, a wood stove and wood supply and shot gun shells.

[1888junkteam]

excellent work!

[themagus187]

The good ol' CFR. Thank god they're watching out for us... Not like they had anything to do with the leveraging and government created moral hazards...

[peachface77]

I agree with vikramkrishnan. We need more "adademic types"

[kevinarmstrong1]

Find a practical job until there is demand for yet another researcher, fresh out of college.

I have an overabundance of grad students applying for benefits from my government agency. We offer many of them simple jobs. However, most insist they are above the type of work we can offer them.

Too many public assistance clients blame their lives on macroeconomic events. There should be no reason a bright grad student cannot find a reasonable job to get through tough times.