
Nassim Nicholas Taleb on the Financial Crisis
EconTalk
00:00
What's the Story, Pennies?
Some radings agencies did build into their forecasts the possibility that default rates on housing would reach levels of the great depression. The fact is that that bothers me the most. Tan, this, that exposure to these tale opants was presentible in what sense? Let's not take the general deat level in economy. Got theat causes an exposure to te levans. Was there lost an most money waswhere was the margino?
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