If you can spare ten minutes, this interview with former Australia Prime Minister Paul Keating offers some of the smartest commentary on the consequences of the global financial crisis. It is from February 2009 but it’s still relevant today.
George Soros calls what Alan Greenspan, Robert Rubin, Lawrence Summers and others built economically “a super bubble.” Keating calls it a “Super Boom” and says it has blown out.
He said that there will be an entire restructuring of global power ahead.
Thoughtful, sobering commentary that I wanted to bring to your attention.
— Steve Clemons