Feb 7 2008

Robert Shiller on the current recession

By John Baeyens | Share This Brazil

Robert Schiller was the American Economist who called the dotcom bubble 'serious' when all (Belgian) journalists were still interviewing the soon-to-be-millionaires.  Which makes this interview absolutely a must to see.
... unpredictable consequences ...
... the decline of house prices will still be ongoing for more than a year ...
... unfolding other problems ...
... stagflation ...
... recession will take a much bigger tumble if we don't do something ...
... the support package of president Bush of 1% of the GDP is not enough ...

 

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