Can We Save The World Economy? A Conversation with Soros, Roubini and Sachs

[Better Believe It]

George Soros, global financier and philanthropist, founder and chairman of the Open Society Institute and the Soros foundations network, and chairman of Soros Fund Management LLC.

Nouriel Roubini, professor of economics and international business at the Stern School of Business, New York University.

Jeffrey Sachs, director of the Earth Institute at Columbia University and special advisor to United Nations Secretary-General Ban Ki-moon.

Moderated by John Roberts of CNN.

An open and frank conversation on the breakdown of financial markets around the world and if we can save the global economy. Will the Wall Street bailout plan work? What steps need to be taken in Europe and Asia to stem the market’s downward spiral? Are we headed for a global recession? Three of the leading minds in global economics will discuss the options.

You can view the entire video at:

http://www.earth.columbia.edu/worldeconomy/

And here are two other important videos worth watching. You need windows Media Player to view these two videos:

Bloomberg October 23, 2008: Roubini Sees Crisis Worsening, Hurting Emerging Markets

http://www.bloomberg.com/avp/avp.htm?N=av&T=Roubini%20Sees%20Crisis%20Worsening%2C%20Hurting%20Emerging%20Markets&clipSRC=mms://media2.bloomberg.com/cache/vcYqArJFMJgA.asf

Bloomberg: (October 24, 2008): Roubini Says Stay Away from `Risky' Assets, U.S. Dollar

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vvV5lDr_BAkw.asf

[izquierdista]

1. Jeffrey Sachs?

The same one that put the Eastern Bloc economy in the sewer in the '90's? Gave them a post-communist adjustment that they are just now getting over? No thanks.

[Better Believe It]

2. That's How Capitalism Worked In Eastern Europe

Now these three economists know how the system works and what needs to be done to save it .... if that's possible.

It's unlikely all of the measures that Roubini advocates will be taken and he is clearly the best of the best.

If Obama hopes to find a way out of the economic crisis he would be wise to employ Roubini as his key economic advisor and dump all of those who contributed to this crisis such as Rubin.