Robert Skidel News Today

After all, they got things desperately wrong in the run-up to the economic recession. they underpriced debt worldwide. i mean, thats greenspans own summary of things. now we think they are correctly pricing the risk of default. i dont believe thats true. and i think that its not the case that the reason businesses are not borrowing is because theyre looking for -- theyre expecting tax increases further down the line. i think theyre not borrowing because they dont see the demand in the economy fo...

Lib rooem over the next five to ten years, and thats been conspicuously lacking since the obama administration came into office. >> confidence. keynes talked a lot about the animal spirits of capitalism needing to be revived. and what niall is saying look, you can spend a lot of money but thats actually scaring businesses because youre looking at the future bills that will -- >> i think confidence is the last refuge of someone whos run out of economic theory. >> robert, thats actually completely...