There is a basic lesson on financial crises that governments tend to wait too long underestimate the risks want to do too little. And it ultimately gets away from them and they end up spending more money causing much more damage to the economy.
Some think that by preparing to deal with crises you make them more likely. I...
People look at me and they go 'You're white you're smart you must have...
I hope the Guggenheim plan will be revived.
