2009 World Economic Brainstorming: What Happened to the Global Economy?
Despite having endured economic shocks of historic proportions, the public still does not have a clear answer to the root causes of the global downturn.
The World Economic Brainstorming (WEB) will examine the central question of what policy, regulatory and market failures led us to the current predicament.
1) What policy assumptions created the most damage to the global economy?
2) Which regulatory failures delivered the largest systemic shocks?
3) What were genuine market failures?
Chaired by Maria Bartiromo, Anchor, CNBC’s Closing Bell, and Host and Managing Editor, Wall Street Journal Report, CNBC, USA; Young Global Leader.
Truly laughable that they need to spend an hour brainstorming on “what policy assumptions created the most damage to the global economy?”
It’s a one word answer. NEO-LIBERALISM.