Invest stimulus dollars in infastructure not bailouts

Suggestions for a speedier road to economic recovery, with Joseph Stiglitz, 2001 Nobel Prize winner and Columbia University professor. As I have mentioned many times, we do not have to waste good money bailing out bad business models (like domestic auto and reckless financial firms) we can stimulate the economy both present and future by investing in lasting improvements to water, waste management, alternative energy, education and utilities systems that are in dire need of capital investment.

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Roubini: "Currency wars can lead to trade wars"

Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks with Bloomberg from the IMF talks this weekend about the impact of currency dispute on global trade relations. Roubini also discusses the outlook for additional quantitative easing by the U.S. Federal Reserve.
Watch the clip here.

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Stephen Roach: "QE2 won't work"

Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC's Chloe Cho why, as well as if capital controls will help or hamper the global recovery.

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