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Tuesday, April 23, 2013

BBC News - Big thinkers still stumped on global economic crisis

BBC News - Big thinkers still stumped on global economic crisis

More than five years after the onset of the financial crisis, you might have thought economic policy makers would know what to do next.
Well they don't. Or at the very least, there is nothing like the kind of consensus that prevailed before the financial crisis.
The International Monetary Fund (IMF) has been hosting a conference on rethinking economic policy, organised by four experts in the area, including the IMF's own chief economist.
So they don't know how we got in this mess and have no clue how to get us out of the mess. And they are paid a lot of money to not know.

Let me sum it up for you




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