Satyajit Das--global banking expert and author of several books on banking and trading, including Extreme Money: The Masters of the Universe and the Cult of Risk--says that the global economy is in for a lot of pain this year if policymakers don't start working together. In an interview with the Institute for New Economic Thinking's Robert Johnson, Das argues that we need to return to the approach that finance ministers took in 2008-2009, when the consequence were clear and the need for cooperation was better understood. Here is an excerpt from that interview:
Watch the full interview here.
Posted
01-03-2012 9:25 AM
by
Graham Griffith
Filed under: finance, global business, global banking, derivatives, Europe, financial markets, INET, european central bank, institute for new economic thinking, european banks, finance ministers, robert johnson, satayajit das