Niall Ferguson on the Financial Crisis

admin, 01 January 2010, 22 comments
Categories: Education
Tags: , ,
AgendaStevePaikin asked:


Financial crisis and international change: historian Niall Ferguson on past financial emergencies and whether the current crisis in American credit markets will result in power flowing from West to East. Monday September 29 2008

Comments

22 Responses, Leave a Reply
  1. hyylo
    03 January 2010, 1:03 pm

    hi

    search youtube for peter schiff. you will like him.

  2. hyylo
    05 January 2010, 8:45 pm

    hi

    if you like niall ferguson search youtube for peter schiff. you will like him.

  3. dasmysteryman12
    07 January 2010, 8:35 am

    I’m a big fan of Niall Ferguson. One day, I will soon meet him & be like him. He’s one of my heroes.

  4. xhamlin
    07 January 2010, 4:36 pm

    he’s also wrong in that this crisis began in 2002-2003

  5. xhamlin
    09 January 2010, 7:54 pm

    @bazb1985

    anything from 2009 would sound different as he was WRONG. again, eloquent guy and well educated and WRONG.

  6. xhamlin
    10 January 2010, 3:03 pm

    pursuing a tight monetary policy would allow the real recession to occur, and all the excess caused by loose monetary policy would be purged. the recession would be sharper, but we’d be better off in the long run in terms of wealth and allocation of resources, and so would the USD. the recession would also be shorter.

    inflation and deflation are monetary phenomena? lol. like the supply and demand of any commodity is “phenomena” ?

  7. xhamlin
    11 January 2010, 2:09 pm

    pursuing a tight monetary policy would allow the real recession to occur, and all the excess caused by loose monetary policy would be purged. the recession would be sharper, but we’d be better off in the long run in terms of wealth and allocation of resources, and so would the USD. the recession would also be shorter.

    inflation and deflation are monetary phenomena? lol. like the supply and demand of any commodity is “phenomena” ?

  8. xhamlin
    13 January 2010, 6:35 am

    the metaphor “great repression” is quite apt as we are merely holding the *necessary* recession at bay and trading long-term pain for short-term gain – the consequences of which could be horrific. the asian markets have outperformed the US market so he is wrong in that respect. he’s also wrong in thinking that “stimulating” the economy is better than doing nothing. the ways this plays out will prove that.

    smart guy, eloquent, well-educated and wrong.

  9. nihoncol
    13 January 2010, 6:24 pm

    “US is also good at exporting crisis” LOL

  10. ajstryst
    14 January 2010, 8:56 pm

    Great Repression indeed

  11. prayfortruejustice
    15 January 2010, 3:31 pm

    “The Great Repression” … perfect.

  12. shorberm
    16 January 2010, 12:36 pm

    I’m a big fan of Ferguson. In all that I’ve seen of him, he’s able to take very complex ideas and make them very accessible.

    I also really like Steve Paikin as an interviewer. He’s able to ask good, probing questions, but appear fairly neutral. In doing so, he manages to participate without dominating the interview. I can’t stand interviewers who either give their interviewees a free pass to ramble about all sorts of nonsense, or conversely, don’t let them get a word in. Paikin does neither.

  13. NConway75
    17 January 2010, 8:12 pm

    Yo, the presenter in a veritable Canadian Uri Geller.

  14. ir5ac
    19 January 2010, 10:30 am

    it sounds like you would not wish to “de-couple”…:)

  15. Braaaiiinsss
    21 January 2010, 5:17 am

    Really good stuff, especially interesting about the relationship between economic growth and one party government.

  16. jarden69
    22 January 2010, 4:48 pm

    What a Smart guy.

  17. Myndir
    25 January 2010, 4:33 pm

    Roosevelt tried to use fisical stimuli to solve the crisis, but “shovel ready” work proved to be anything but that and more importantly it’s impossible to get out of a recession while pursuing a tight monetary policy. Inflation and deflation are monetary phenomena.

  18. Aspetta17
    27 January 2010, 5:44 am

    I don’t know what the hell he’s talking about, I just know he’s fucking hot and he needs to be bred LOL :)

  19. jordibares
    29 January 2010, 3:50 am

    Wasn’t Rosevelt doing “something” what turned it into a depression? Whatever happens one thing is clear, our debt will be enormous.

  20. bazb1985
    01 February 2010, 4:14 am

    Great. Thanks for letting me know. So how does it feel to live without a high school diploma?

  21. bazb1985
    01 February 2010, 1:40 pm

    Absolute genius. Got any thing else, particularly from 2009? Thanks.

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    22 July 2010, 12:20 am


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