US Financial Crisis

by Dave

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 repliedĀ  “We are in the second or third inning (baseball metaphor) of a nine-inning game”. The video is not up yet now!]

Here are some of his comments last week giving context to the Fannie/Freddie bailout.

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