Monday, December 20, 2010

No silver bullet

The Great Recession (video)  economist at the Boston Federal Reserve Bank has some insights on the recession 
Chris Foote, Senior Economist and Policy Advisor at the Boston Federal Reserve Bank, shares his insights on the Great Recession in a very accessible way. Well worth watching. The link takes you to the first of the series of segments of his talk. It will automatically move from one to the other as one completes, at least based upon my experience.

In the second segment, he shows some charts on the unemployment rates historically and shares the different economic viewpoints on how we are where we are today.
Yes, this will take a little time but the economy is not easily understood, it is a complex weave of factors. Chris does well to explain the influences. No silver bullet here but lots of great information.

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