A fun talk on whether Americans should start saving
Peter Schiff on Daily Show:
The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
Peter Schiff | ||||
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Update: Has housing reached the bottom?
The short answer is NO. Here is another interview of Susan Watcher of Wharton Business School following my previous post on predicting the housing bottom. (source: Bloomberg)
Larry Summers on the current state of the economy
Larry Summers speaks to the Council of Foreign Relations. He explains government’s intervention was out of ‘necessity’ not ‘choices’.