What the Government Should Do
2009 July 2
Off Topic but very important.
I get the feeling that the government does not know what to do about the economy. The government continues to spend money in the hopes that it will inflate asset values. What it should be doing s deleveraging the system: converting debt to equity.
Nassim Taleb, author of “The Black Swan” has got it right.
Listen to him in his own words:
