Monetary policy and the state of the economy part 2 of 3

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This is part of the U.S. congressional hearing on February 26, 2008; Ron Paul and Nouriel Roubini were speakers. I extracted only parts in which Paul and Roubini were in; the overall trial is about 3 hours long.The hearing is about monetary policy and the state of the economy; much talk about inflation, the housingmarket and the recession we are now in.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: jjenson2006

Length: 09:36
Rating: 4.6190476
Views: 3487


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Video Comments

vikramkrishnan (November 30, 1999 at 12:00 am)
f off
crutchfieldgirl (November 30, 1999 at 12:00 am)
Thank you for posting this! I've been reading Nouriel Roubini's website, RGE monitor, for a couple of years now and he predicted the subprime housing mess, the credit crunch, and a hard recession with stock market correction more than 1.5 years ago. Very unlike mainstream media economic, er, 'pundits'.
Piscivorus (November 30, 1999 at 12:00 am)
The solution is to get rid of the Fed.
BubbFromGEI (November 30, 1999 at 12:00 am)
(Roubini is a real economist, not a paid-to-spin apologist)
ubornthick (November 30, 1999 at 12:00 am)
The solution is simple ,get rid of subprime mortgadgets and replace them with submarine mortgadgets with big bAAAllAAAst tanks ,only if house prices go up and the house is sold will investors in AAA S GET THEIR MONEY BACK ,this will allow the huge stock pile of unsold houses to be sold at market value to pessimists , who ,can look forward to bad times ahead with optimism
cjlee41 (November 30, 1999 at 12:00 am)
death to america
ubornthick (November 30, 1999 at 12:00 am)
Nouriel seems to think there might be a slight problem!well thats what happens when sodokumites run the economy
john67elco (November 30, 1999 at 12:00 am)
I'll quote Cramer, "booyyaaa"!

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