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TSI Conference 2009 - Peter Thiel

Thiel Talks

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The Importance of Diagnosing the Economic Crisis

I think one of the things that needs to be very much retold is the narrative of what happened in 2008 and the sort of economic crash that took place. And it's very important for us to diagnose the crisis correctly if we're going to solve it. If we misdiagnosis, we will never solve it. The question of whether sea studying is desirable or possible, in my mind, is not even relevant. It is absolutely necessary. But from my point of view, it is simply unnecessary"

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