If you want to know where we are right now, rent the movie “Jaws.” We’re at that moment when Roy Scheider first sets eyes on the Great White Shark and comes back and says to the skipper, with eyes wide with fear: “You’re gonna need a bigger boat.”
--Thomas Friedman
Paul Krugman in Conversation with Barry Ritholtz
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I always have fun chatting with Paulie. I always find it amusing to be on
the other side of the mic. He wanted to discuss AI and markets in light of
th...
1 day ago

2 comments:
Good for Friedman. Hitting the link in your post, I read that Friedman in "in the boat" with Robert Reich: Stimulate demand, big time.
It is the only thing to do to avert a Depression. I hope Obama is listening -- that is, reading your blog, Nagarjuna.
Tom--
I just hope that Obama is reading Friedman and Reich. :-)
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