Sunday, April 13, 2008

Stiglitz on the Sticky Situation

If you are an economic voyeur who delights in tales of dark, frightening, and unprecedented financial horrors, then there is nothing better than a dose of Nobel Prize to give you a delightful frisson concerning the current financial disaster in the US. Here is Joseph Stiglitz doing his best in the role of Dracula, at the neck of the virginal US economy, ready to draw blood, and tell us just how tasty this recession/depression will be. If you are ready to lick you lips, then watch!

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