Riz Khan - Global meltdown - Nov 19 - Part 2
Riz Khan asks top economists what needs to be done in order to turn the global economy around.
James Galbraith, the author of The Predator State argues that because Europe is lacking the proper structural institutions it will be left to the US to pull the world out of this crisis. Ann Pettifor, the author of The Coming First World Debt Crisis supports a Green New Deal programme and the restructuring of international debts so that failed economies are not excluded from the global stage. Peter Morici of the University of Maryland contends that additional bailouts and stimulus packages are useless without proper regulation.
James Galbraith, the author of The Predator State argues that because Europe is lacking the proper structural institutions it will be left to the US to pull the world out of this crisis. Ann Pettifor, the author of The Coming First World Debt Crisis supports a Green New Deal programme and the restructuring of international debts so that failed economies are not excluded from the global stage. Peter Morici of the University of Maryland contends that additional bailouts and stimulus packages are useless without proper regulation.