Tackling the current economic crisis

On Wednesday, Oct. 1, some of the world’s brightest economic minds came together at the UCLA Anderson School of Management to discuss the current financial crisis. Moderated by Bloomberg News’ L.A. bureau chief Seth Lubove, the panel discussion focused on events leading up to the current economic turmoil; possible solutions, including the recent $700 billion bailout plan; and whether the country is facing the possibility of another Great Depression.

Panelists included UCLA Anderson School of Management faculty Edward Leamer, Chauncey J. Medberry Professor of Management and director of the UCLA Anderson Forecast; Francis Longstaff, Allstate Professor of Insurance and Finance; and Richard Roll, Japan Alumni Professor of International Finance.

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Duration : 0:55:16


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12 Responses

  1. duck24x Says:

    And if people …
    And if people refuse to vote Green or Socialist, take away all their property, refuse them all medical care, food, and water. That is the ONLY way you will get subhuman trash that is mentally incapable of pushing a freakin’ button for Green or Socialist on a ballot to change their behavior. I admire John Wayne Gacy and the 911 Al-Qaeda soldiers more than those who vote for Republicans and Democrats.

  2. duck24x Says:

    What a ridiculously …
    What a ridiculously simple problem and solution. There is and never has been ANY financial “crisis” nor “difficulty” for the millions of subhuman trash that vote for Demopubs and Republicrats. They are mentally incapable of voting for anyone outside these two parties. Hence, they are mentally incapable of knowing the difference between being completely impoverished like Haitians versus having money and property.

    The answer: force people to vote Green or Socialist. Period.

  3. fernando5821 Says:

    Hmmm, no mention of …
    Hmmm, no mention of theGramm-Leach-Bliley Act…

  4. Justaguy1010 Says:

    I have a simple …
    I have a simple solution for the individuals, corporations and and the government. Stop spending money you do not have pay back your debt. China has lost faith in our dollars and are converting the dollars they hold to Euros. OPEC now trades in Euros instead of Dollars. Faith based money does not work.

  5. MacPr0xnxx0 Says:

    does ucla have a …
    does ucla have a goood economics program?

  6. SadeTabitha Says:

    Nice try. Keep it …
    Nice try. Keep it up check out esteembpo + com for social media marketing. go

  7. utubmania2009 Says:

    One more shock, …
    One more shock, final wave of this crisis, is in the process will hit no later than June. After that, is a smooth sail to normal.

  8. beancube2008 Says:

    Affordable housing …
    Affordable housing was and is still the remedy of our economy. Without it, local investment won’t be controlled by American. Even you make it a crime, people will still do it if nothing is affordable. Local production of affordable goods has two edges on employments and on infrastructures that can stabilize the aftermath of this tsunami.

  9. beancube2008 Says:

    Booming the bubble …
    Booming the bubble is our commercial success. Everybody looking at their income and looking at the trend of the housing market, when they aware that they won’t be able to afford those thing very soon if they don’t jump in sooner. Many of them will still jump in even though they see the risks. Blaming the lending is just one sided about facts.

  10. beancube2008 Says:

    Create multiple …
    Create multiple tier infrastructures and rotating responsibilities and opportunities for improvements. Maintaining a fresh mind in hybrid mode will be one of those very good American traditions. Try it.

  11. beancube2008 Says:

    It was confirmed …
    It was confirmed when Bush got re-elected. 9/11 is just a stunt that make everybody forget about our national debt. Would Obama’s election have the same effect to you? Do you want to continue putting more resources selling somebody’s products. Americans have to build their stuffs more economically, you have to make things cheaper and better. Don’t listen to commerce slogans telling that you can’t. Starting by cutting bureaucracy cost with technology and employ more into the real productions.

  12. jzero4813 Says:

    Buying shoes and …
    Buying shoes and purses, made in China, with money printed by the Fed and backed by loans from China… is going to make the economy better? It’s amazing these guys can say this sort of thing with a straight face and still call themselves knowledgeable.

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