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Friday's Newsnight... A Democrat Adviser And A

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The interviews in the studio are the most interesting - both the BBC editor and the two American interviewees say some interesting things.

Did that former Clinton adviser really say that if they let Freddie and Fannie fail, it would cause a deflationary depression that would make the early 1980's recession look like a ping pong game? I think he did :o

...and the part about the US government having to add lots of "difficult to understand" accounting entries on its books to cover the bailout while not actually nationalising these institutions...

Also listen to the part about the FED trying to get exports and the export jobs market started by keeping the dollar weak, so they can balance the losses in construction, etc. How do they hope to do this with only 10% of their GDP constituted by exports???

Edited for spelling.

Edited by AvidFan

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  • 396 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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