Here is a session on the Charlie Rose show with Paul Krugman summarizing all that he has said previously. Listen very carefully to what he says...
The other two talking heads, Joe Nocera and Andrew Ross Sorkin, both of the NY Times has their own two bits to add, but the meat of this discussion in Paul Krugman reiterating and summarizing what he has been saying for the last six months. Sadly, his message hasn't been heard by Obama. Krugman says the US is on the same path as Japan with its zombie banks and ten lost years of recession and no growth.
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