2009-11-30

Bernanke - too painful for Nassim Taleb

Nassim Nicholas Taleb: Good Bye! The Reappointment Of Bernanke Is Too Much To Bear: "What I am seeing and hearing on the news -- the reappointment of Bernanke -- is too hard for me to bear. I cannot believe that we, in the 21st century, can accept living in such a society. I am not blaming Bernanke (he doesn't even know he doesn't understand how things work or that the tools he uses are not empirical); it is the Senators appointing him who are totally irresponsible -- as if we promoted every doctor who caused malpractice. The world has never, never been as fragile. Economics make homeopath and alternative healers look empirical and scientific."
Wouldn't be awesome if Obama read the writing on the (Great) wall (of China) and fired the whole bunch of misfits he has in charge of our economy?


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