It's a US bloomberg podcast, but it involves some of my favorite economists: Shiller and Roubini....
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vbkEUR2nRKBs.asf
Very interesting questions:
1. How is the housing market different from other markets?
2. Are we looking at a fundamental shift in behaviour - ie. are people going to permanent shift in their savings and consumption?
Thursday, July 16, 2009
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