OECD’s White: “more dangers than in 2007…should think about the downside”

White’s candor in this clip is rarely heard in finance, and his list of solutions and fixes are inevitable because, as we have known forever, we cannot fix insolvency problems with more debt and central bank spewed liquidity.  The payback period just gets longer and more socially devastating.

OECD Economic and Development Review Committee Chairman William White discusses concerns he has about the economy. Here is a direct audio link.

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