Liaquat Ahamad discusses the financial crisis of 2009 versus 1929.
Liaquat Ahamed discusses his book, Lords of Finance: The Bankers Who Broke the World, and covers the 2009 financial crisis.
The date of this talk is June 9, 2009 so he may have spoken too soon when he said we have averted a depression. USA debt just hit annual GDP number. That is a bad sign. Real unemployment is still north of 16%. That said his talk includes interesting economic history of the Federal Reserve and gold standard.
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