This video (from February 9th of this year and referenced in Joel Bowman’s article below) has a few great tidbits from two of our favorite economists. Even a few months later, it still seems relevant. Too bad the video also features the “scoffing neckties,” as Joel refers to them, behind the CNBC anchor desk.
Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
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In a perspective today on the record level of job losses, an IBD editorial asks, “Will it ever occur to our leaders in Washington that what they’re doing isn’t working – and may actually be damaging our economy?”
It’s a rhetorical question, of course, as it goes on to describe, “The spectacular failure of the so-called fiscal stimulus…Read more…
ByBill Bonner | Beunos Aires, Argentina - | 11/07/09
Governments are running breathtaking deficits…and accumulating alarming debts. Japan has a national debt of nearly 200% of its GDP. Where did that debt come from? It came from 20 years of trying to buy its way out of a slump with borrowed money. Of course, it didn’t work. But now, Britain and America are following…Read more…
In case you missed it last week, Ron Paul was on Larry King Live as a follow up and rebuttal to a Michael Moore interview. The discussion covers healthcare and government spending in all its various forms. It’s useful to see Paul’s perspective because it’s so unique in the US Congress.
This video has come to…Read more…
