Brookings Take on the Financial Crisis

Posted on 29. Dec, 2008 by in Asides, Economy, Taxes

Here’s a video from the Brookings Institution about the economic crisis.  I can’t say I agree with everything and I find the Cato videos to be more informative (call it bias).  I still thought it was worth watching.  Barry Bosworth is fiscal policy expert and worked in the Carter administration (his CV is available here).


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One Response to “Brookings Take on the Financial Crisis”

  1. Salvador P

    08. Jan, 2009

    Predicting the next person who will need a payday loan, or who is going to win the lottery is as tricky as predicting the future. Most often, fortune telling is bunk. A prediction that is specific has about a 50/50 shot at best, and if you make a vague enough prediction, then you’ll eventually always be right. There were a lot of predictions about 2008 – and a lot of them came up short. Oil prices plummeted like a rock, and it turns out that Barack Obama will be starting a new job on Jan 20th, as the next President of the United States. 2008 was one tricky year, and 2009 ought to be some fun as well. To read about predictions gone wrong and some thoughts on payday loans, check out this article.

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