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description. Roubini is one of the few who has predicted the current symptomatic stages (along with John Williams), but his analysis is now reaching areas where the Common Wisdom of capitalist-oriented economics experts is failing/will fail. Shock doctrine and all, you know.

Karl Rove is correct about at least one thing - his group acted, while the experts studied the results. They changed the parameters to such an extent that your 'Anglo Disease' is more explanatory and predictive than any of their bromides and rules-of-thumb.

paul spencer

by paul spencer (spencerinthegorge AT yahoo DOT com) on Wed Jul 16th, 2008 at 11:56:56 AM EST
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