birdwatcher (birdwatcher) wrote,

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Зажигательное видео Талеба

[05:00] Taleb: We are not asking the Greeks to stimulate, to hire more civil service. I do not see why we are not applying these principles to other countries.
Interviewer: It seems to me what you fear is more transfer from private to public, and that there will be another stimulus.
Taleb: Hopefully the bond market will react -- in the end they [politicians] need to sell [government] bonds, and they need to sell these bonds to someone.
Interviewer: We have not had a failed auction yet.
Taleb: It is going to happen. We are a few auctions away from that.
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