This article also includes a bizarre quote from former Treasury Secretary and Citigroup honcho Robert Rubin on financial crises:
"But he [Gene Sperling] has a deeply internalized sense of the severe risk that an unsound fiscal regime presents with respect to markets and financial crises.”
Given that Robert Rubin's high dollar policy, coupled with a commitment to unregulated financial markets laid the basis for the economic collapse of the last decade, and that he personally pocketed more than $100 million from the excesses of the bubble years in his tenure at Citigroup, he would seem to be a strange person to quote as an authority on financial crises.
It Is Safe to Resume Ignoring the Prophets of Doom ... Right? by Adam Davidson.
Another lame installment by Davidson, but at least he mentions Krugman and Dean Baker in passing.
I've never heard of Richard Wolff.
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