“We basically had a $10 trillion shadow banking system shrivel up and die. Having the Fed add $700 billion to its balance sheet, or whatever it is by now, is not enough to make up for that.” – Paul Krugman, Nobel prizewinning economist
THE MONEY CULTURE : ‘Depression Economics’ – Nobel Prize-winner Paul Krugman on America’s financial crisis
By Daniel Gross | Newsweek Web Exclusive
Dec 3, 2008 | Updated: 12:22 p.m. ET Dec 3, 2008
Hey, just how big is this problem anyway?
December 3, 2008 · 2 Comments
Categories: Business · Economy · Finance
Tagged: 2008, crisis, economic, money
2 responses so far ↓
Elyssa Banking // December 3, 2008 at 6:25 pm |
Radmin CS got my attention and i decided trying it. Elyssa Banking
ngoldfarb // December 3, 2008 at 8:07 pm |
I like your site
want to exchange reciprocal links?
remember: “If elections changed anything, they would make them illegal.”
Would you support my proposals for two new government programs?
http://ngoldfarb.wordpress.com