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Roubini and Taleb: This Just The Beginning? March 26, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Fundamentals Still Unaddressed

While individual nations try and save themselves, the real problem is the international system that created the mess. This will require global solutions not just in finance, but across the socioeconomic spectrum.

Currently, the effort has been directed at putting us back where we were before the “Black Swan” hit, a false premise to begin with as our last lives were built on unsustainable bubbles. Anybody who thinks the value of their home is going to ever return to where it was before is…nutz.

Main Site Link: ScreamBucket.com



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