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TMFHumbleServant (92.82)

Koo Says It's the Wrong Time for Austerity



May 18, 2010 – Comments (2)

Doesn't that throw a wrench in the $1 trillion European bailout?

Below is the video of Richard Koo's interview with Bloomberg.

If you haven't read his book "The Holy Grail of Macro Economics," I highly recommend it.

h/t Business Insider

2 Comments – Post Your Own

#1) On May 18, 2010 at 9:16 PM, IIcx (< 20) wrote:

rec +1; excellent video - thanks!

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#2) On May 18, 2010 at 9:36 PM, rwebankrupt (75.70) wrote:

Anyone with no political agenda knows austerity is the last thing we need.  Unfortunately we never get airtime.

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