US Financial Crisis
Prof. Nouriel Roubini of NYU is probably one of the first economists to have correctly called this financial crisis, as early as 2006. I saw him on Charlie Rose last night and when asked “Is there an end in sight?” he replied “We are in the second or third inning (baseball metaphor) of a nine-inning game”. The video is not up yet now!]
http://video.google.com/videoplay?docid=-605745015052062087Here are some of his comments last week giving context to the Fannie/Freddie bailout.
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