Joseph Stiglitz and Hugh Hendry Debate About Greece Bailout (Video)

Economist/Professor Joseph Stiglitz and Hugh Hendry (Eclectica Asset Management) debate about a Greece bailout on BBC.  Hugh Hendry thinks Greece should default on their debt, take a haircut and start over.  Stiglitz says give them aid and they will bring down the deficit.  Two very different perspectives.  We all know there's no chance of default (or is there...). Also watch Marc Faber, Hugh Hendry and Nassim Taleb debate at the 2010 Russia Forum.  Stiglitz recently said there was NO WAY the U.S, Greece or UK would default. By the way unions are striking in Greece: Berlin Considers Greek Bailout as Unions Strike (Spiegel).

I originally found this at Business Insider.


Comments

  1. If Hugh keeps pumping out fun content like this, I'll stop trading and just watch his shit. Hugh 4 eva.

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  2. Haha I know, big fan. He disses Nassim Taleb and Marc Faber at that Russia conference very funny (link above). I'm testing the youtube feature on Disqus so here is Hugh walking around China in March 2009. http://www.youtube.com/watch?v=ektMQGbW3wk

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  3. It would be very interesting to see GOVs fail to inflate the economy.

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  4. Have you been watching Japan over the past 20 years?

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  5. Thanks for this good info. I have found it and will shortly inform the rest of my network members know. They should consider it as informative as myself.

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  6. Is it just me or she an awful interviewer?  She cannot seem to listen and then formulate an argument, just simply interrupt with nonsense questions.  That appears to be the type of environment this British ball-licking leech seems to thrive.  Unfortunate showing which happens all too often.  

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