coping-with-the-financial-crisis

Coping with the financial crisis

Financial luminaries at the Clinton Global Initiative meeting discuss the current crisis and how best to ensure a recovery.
December 04, 2008
As part of the Clinton Global Initiative Asia meeting, six members of the world's financial elite got together to discuss the current financial crisis and how to steer the quickest course through it. In a panel discussion hosted by Thomas Easton, Asia business editor of the Economist, each panelist had a key point to make.

We're in a post bubble world now, says Stephen Roach, chairman of Morgan Stanley Asia. Although it might have started off as a Wall Street phenomenon, he says, the successive collapse of bubbles û the bursting of the property bubble, followed by the bursting of the credit bubble, which in turn popped the US consumption bubble û is without...
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