I know that we're going to have massive deflation. The overhang of debt, massive deflation. Debt needs to be reduced. And [Henry] Paulson seems to be doing a good job. Particularly that they were part of the cause of what happened. It's quite commendable.
~ Nassim Taleb, "A conversation about economics with Nassim Taleb," Charlie Rose, December 3, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment