Listen: Navigating a Prolonged Crisis
Either we give the economy drugs that mask the symptoms, or we give it medicine to cure the disease.
As the conversation shifted to the markets, he helps clarify his stance on the credit crisis by explaining the two things that could happen. Either we give the economy drugs that mask the symptoms, or we give it medicine to cure the disease. Though, there is reason for optimism. Conglomerates like Disney (DIS) and Washington Post (WPO) were born during the Great Depression.
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