This week I came across two items that I think are worthy of being in Outside the Box, so I am going to give you both. The first is an essay by good friend Paul McCulley, Managing Director of PIMCO, called "Saving Capitalist Banking from Itself." The second is a recent speech by Paul Volker...
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John Mauldin's Outside the Box
by
John Mauldin
on
02-23-2009
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Filed under: The Fed, Paul McCulley, Banks, Government, Pimco, Bank Failures, Bailout, Economic Crisis, Minsky, Economic Policy, Paul Volker
There is an ongoing debate on the current nature of the economic environment and what should the response be by government. Today's Outside the Box by Paul McCulley takes up one view, arguing that we need a federal response and stimulus package to protect the overall economy and save capitalism from...
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John Mauldin's Outside the Box
by
John Mauldin
on
01-06-2009
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Filed under: The Fed, Deflation, Politics, Ben Bernadke, Paul McCulley, Government, Pimco, Bailout, TARP, Economic Crisis, Welfare, Socialism, Minsky