FORECASTING THE ECONOMY: Keynesian Economics vs. Austrian Economics – [VIDEO]

The 2 videos are designed to convince you that the Austrians’- economic predictions are more accurate.

The first video has an intro in French, sorry for that, but the rest of the video is in English (with French subtitles).

Keynesians’- forecasts (featuring Ben Bernanke and Paul Krugman) vs. Austrians’- forecasts (featuring Ron Paul and Peter Schiff):

Michael Lewis on CBS 60 Minutes: How the capitalism was almost destroyed by the capitalists in the Fall of 2008 – [VIDEO]

Download this post to watch the video embedded below —-if your feed reader does not show it to you.


Watch CBS News Videos Online

Part 2:


Watch CBS News Videos Online

Felix Salmon review of Michael Lewis’-s book, “-The Big Short”-.

French bozo economist David Thesmar is hiding his 2007 Op-Ed that stated that the financial crisis wont happen.

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David Thesmar is a man of minutiae. He runs a website at his glory that lists any paper, book or editorial he has penned. Except for one.

Our French smart ass co-wrote an Op-Ed in July 2007, titled, “-The mega-crash won’-t happen”- [PDF file]. Just everything in it was wrong, as the authors were defending the same rotten financial mechanisms and lack of regulations that generated the 2008 financial crisis.

Conveniently, this Op-Ed is not listed on his website —-while all the other ones are. David Thesmar knows only one way to cover his ass —-hide things under the carpet. How courageous.

French bozo economist Augustin Landier is hiding his 2007 Op-Ed that stated that the financial crisis wont happen.

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Augustin Landier is a man of minutiae. He runs a website at his glory that lists any paper, book or editorial he has penned. Except for one.

Our French smart ass co-wrote an Op-Ed in July 2007, titled, “-The mega-crash won’-t happen”- [PDF file]. Just everything in it was wrong, as the authors were defending the same rotten financial mechanisms and lack of regulations that generated the 2008 financial crisis.

Conveniently, this Op-Ed is not listed on his website —-while all the other ones are. Augustin Landier knows only one way to cover his ass —-hide things under the carpet. How courageous.

How Paul Volcker will save the world

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Paul Volcker:

The specific points at issue are ownership or sponsorship of hedge funds and private equity funds, and proprietary trading — that is, placing bank capital at risk in the search of speculative profit rather than in response to customer needs. Those activities are actively engaged in by only a handful of American mega-commercial banks, perhaps four or five. Only 25 or 30 may be significant internationally.