CNBC: Dr. Doom & the Black Swan
Calculated Risk —
Video from CNBC: Predicting Crisis: Dr. Doom & the Black Swan (hat tip Dwight) Nouriel Roubini and Nassim Taleb discuss the recession.
Surreal -- And Must-See
Talking Points Memo —
... TPM Reader JC sent me to this interview with Nouriel Roubini and Nassim Taleb on CNBC. Here's what JC wrote: "In this clip, Nouriel Roubini and Nassim Taleb are still being treated as a circus sideshow by CNBC... They're predicting the end of finance, and offering the only clear path out of this mess that I've seen offered (with the knowledge to back it up), and CNBC keeps asking them for stock tips. It's ludicrous. Wall Street media -- CNBC at least -- doesn't realize how bad this is yet. They're stuck in a bubble where they think everything will go back to normal ...
Well now I’m worried
Firedoglake —
Objects may be smaller than they appear
As a leading middle of the night pundit (it isn't bragging if it's sad) I know little of economics. That's what happens in college when you take a course pass-fail. I did the same thing with Spanish, which is why I can confidently say "the beer is in the bathroom, ...
Ignorance is Bliss at 30.99% interest
Rising Hegemon —
As a leading middle of the night pundit (it isn't bragging if it's sad) I know little of economics. That's what happens in college when you take a course pass-fail. I did the same thing with Spanish, which is why I can confidently say "the beer is in the bathroom, please?" in Mexican. Pass-fail, it does a GPA good. ...
The New Gurus
Matthew Yglesias —
Josh Marshall and Felix Salmon flag this bizarre CNBC clip in which Nouriel Roubini and Nassim Taleb go on trying to talk about big picture global crisis stuff and basically the anchors keep peppering them for stock tips.
The other thing I’ve noticed about this, however, has been the sad, albeit understandable, tendency of these kind of media outlets to respond to the fact that their old gurus all turned out to be full of shit by attempting to anoint some “new gurus.” Since Taleb is, among other things, a practicing financier there’s been a particular ...
CNBC's head exploded on Monday
AMERICAblog News| A great nation deserves the truth —
I missed this CNBC-Roubini/Nassim Taleb exchange earlier in the week but it's well worth viewing for anyone who wants more insight into the problems we have both on Wall Street and in Washington. It's not possible to continue with the same old crowd and that absolutely includes the ...

