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Can the Economy Be Saved? - LIVE Shorts

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Uploaded by on Jan 26, 2009

http://www.nypl.org/live

CAN THE ECONOMY BE SAVED? How We Got Here and What We Must Do Now, with FELIX ROHATYN, NOURIEL ROUBINI & JEFFREY SACHS, moderated by CHARLIE ROSE, "LIVE from the NYPL," October 28, 2008.

A LIVE from the NYPL forum on the global economic crisis with three leading authorities: Nouriel Roubini (NYU) was one of the earliest and most persistent economists warning us of the housing bubble leading to our present financial calamities. Jeffrey Sachs (Columbia) has dealt with financial crisis for over a quarter century, in all parts of the world. Felix Rohatyn is famed as the man who saved NYC from its financial crisis of the 1970s, as well as a leading financier, diplomat, and voice for public responsibility. Moderated by Charlie Rose, this conversation includes the public in what is a unique, reasoned, and detailed discussion of the origins, and perhaps solutions to the current upheaval.


Filming: One Dream Sound
Editing: Sebastian Howard

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  • The analogy of the bailout is like bailing out a sinking ship rowed along by a crew of useless parasites. We must purge the world of financial derivatives and regulate hedge funds out of existence.

  • The existential problem today is that we presently have a corrupt banker's government which rewards the most ruthless, unscrupulous parasites with golden parachutes for destroying and looting the US economy and replacing it with a pile of worthless paper money.

  • LaRouche is a genius! I have known of him since 2002 as a college freshman. LaRouche says that we must put a freeze on foreclosures, let the bankrupt vultures die off but retain the banking functions, put the system in bankruptcy reorganisation, and hold a new International Monetary Conference, a New Bretton Woods with Fixed exchange rate parities immediately. The floating exchange system is a disease which turns world currencies into poker chips to be gambled upon by parasites.

  • Felix Rohatyn works for LAZARD and is currently destroying the United States on behalf of the Rothschild-operated "Crown" of London. Felix Rohatyn was responsible 3 years ago for bankrupting the US Auto Industry.

  • "Alan Greenspan is a friend of mine, I refuse to answer that question"

    HAHAHA! Felix, the savior of NYC, classic line lol...

  • What most politicians and financial experts want is a global economy. Unfortunately, a leveling or parity of wages between countries will occur. In other words, what can we produce that China, India, Mexico and a host of poorer nations can't produce cheaper? I am not looking forward to trying to become competitive with a Chinese laborer who's average income is $250 a month. If you can jump this hurdle there are only 10 more to go for a full recovery.

  • a culpa e do cartao dourado

  • all just words from corrupt jackasses they just want to throw money at the issue.....look up the "golden calf"

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