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This Could Be Worse Than The Great Depression.

 
Ben + Alan
User ID: 697665
Australia
06/09/2009 01:01 AM
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This Could Be Worse Than The Great Depression.
Simon Johnston is an Economics Professor at MIT – but he is no ivory tower economist. He was the Chief Economist at the International Monetary Fund (IMF) between 2007 – 2008 and as such he has practical experience of dealing with financial crises in emerging markets.

What he has to say at the end of an excellent essay in the Atlantic, The Quiet Coup, is quite frankly chilling.


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>>> NEXT GREAT DEPRESSION <<<
Thread: >>THE NEXT GREAT DEPRESSION<< (Page 9)
Anonymous Coward
User ID: 684130
Finland
06/09/2009 01:03 AM
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Re: This Could Be Worse Than The Great Depression.
It will be....much worse...
Anonymous Coward
User ID: 694505
United States
06/09/2009 01:21 AM
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Re: This Could Be Worse Than The Great Depression.
The Weimar Republic knows the cost of printing money backed by nothing. This is where we are headed in four months. Barter will be the only means of survival.
Anonymous Coward (OP)
User ID: 697665
Australia
06/10/2009 08:23 AM
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Re: This Could Be Worse Than The Great Depression.
hiding
Anonymous Coward
User ID: 707045
Australia
06/21/2009 06:19 AM
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Re: This Could Be Worse Than The Great Depression.
bump





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