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Charlie Rose: The Economy

By SusanUnPC on February 21, 2009 at 3:30 AM in Current Affairs

REMEMBER ROUBINI? The one who Larry Doyle said had it right before the rest of the economists? [BELOW: READ THE FIRST WORDS that Larry Doyle wrote about Roubini for this blog.]

Here it is. Economics, from the masters, with host Charlie Rose, PBS (and stay tuned — at 6 a.m., there’s another great article from Larry Doyle followed by Larry Doyle’s “Central Station” where you get to ask this expert any question you want, from 9:00 a.m. to noon. Be there, or else miss out.

(1) A conversation with Larry Summers — said to be the closest to the president:

(2) A discussion about the economy with Nina Easton, Mark Zandi, Nouriel Roubini and Fred Mishkin on Wednesday, February 18, 2009:

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Written by Larry Doyle, November 2008, on Noriel Roubini:

Last but not least, there is an individual named Noriel Roubini, a professor at NYU’s Stern School of Business, who has had IMO the absolute best read on the markets and economy. He is not beholden to an investment bank, an asset management business or any other enterprise that is trying to sell advice or products.

He has had some remarkably accurate calls on market movements and economic trends. Today he highlighted that the recession that we are currently experiencing will be the deepest in the last 50 years. I could stick my head in the sand or soft sell that markets always rebound but I am merely trying to provide a healthy and realistic view as to what is really going on in the economy and markets.

Here is a link for more about Roubini. I think you will find him enlightening if not exactly entertaining. …

Read all.

  • Linda C.

    Roubini is also advocating an intervention that Hillary Clinton proposed in the primary campaign. It will probably come down to that despite protestations from the right wing individualists/libertarians who do not care to understand that we are part of a larger system.

  • lark

    These people are completely clueless, but hey, who am I to correct the experts, no?

  • Peggy Sue

    Thanks for the clips, Susan. I watched them both. I found Summer’s pregnant pause and circular answer to Charlie Rose’s first question somewhat disconcerting:

    What makes you think this will work and what are the historical markers?

    Not as strong as I’d like to hear. And Roubini’s insistence that the approach is not aggressive enough, meaning we’re going to be coming back to refund the efforts, particularly housing. Speed it appears was the main thrust of all these packages, rather than targeting.

    Which again, does not give me great confidence. I’m not alone judging from the reaction of the markets last week.

    Hold your head time, I guess. Thanks for the info!