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To: marshmallow

Let’s accept your supposition that Roubini called it not just right, but the best of any prognosticator out there.

Any Austrian economist would have and did say the same things. The difference is Roubini is a Clinton insider from Harvard. So he is thrust to the front. The myth and media darling all at once.

The danger is not in his prognosticating, but in his policy making. The Austrians know how to fix it. Roubini and socialists in general only know how to make it worse.


16 posted on 02/24/2009 4:24:20 PM PST by 1010RD (First Do No Harm)
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To: 1010RD
OK, Roubini has the wrong solution.

So what's the Austrian fix for this problem?

17 posted on 02/24/2009 6:31:24 PM PST by marshmallow ("A country which kills its own children has no future"- Mother Teresa of Calcutta)
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