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I Am Not Going To Say I Told You So, But I Did.
-Nouriel Roubini
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I Am Not Going To Say I
Nouriel Roubini
I Am Not Going To Say I Told You So, But I Did.
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Told You So
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But In The Financial Markets, Without Proper Institutional Rules, There's The Law Of The Jungle - Because There's Greed! There's Nothing Wrong With Greed, Per Se. It's Not That People Are More Greedy Now Than They Were 20 Years Ago. But Greed Has To Be Tempered, First, By Fear Of Losses. So If You Bail People Out, There's Less Fear. And Second, B Prudential Regulation And Supervision To Avoid Certain Excesses.
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