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robertogreco : juanenriquez   2

I Can Haz Mortgage? - Core77
"Pop!Tech, the Biggie to TED's Tupac, brings the year's most brilliant, engaging, and PowerPoint-savvy thinkers/doers to the East Coast every October. This year's standout was economic heavyweight Juan Enriquez.
economics  crisis  2008  subprime  housingbubble  markets  finance  juanenriquez  austerity  politics 
october 2008 by robertogreco
TED | TEDBlog: The Bailout and the A-word
"A solution requires the country to begin to spend what it earns, reduce its mountainous debt, and address massive liabilities, restructure Social Security, pension deficits, military, and Medicare. No wonder politicians would rather spend more of your money now rather than address these problems. Because we have been spending 5 to 7 percent more each year than we earn, a forced restructuring, triggered by a currency collapse, would have the same effect on wages and purchasing power that the housing collapse had on housing prices. So let's learn from our Latin and Asian friends and act before it is too late."
debt  bailout  economics  latinamerica  brasil  argentina  austerity  crisis  banking  government  policy  politics  juanenriquez  brazil 
october 2008 by robertogreco

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