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Open Think Tank Articles

June 23, 2008 | US Markets Will Continue to Struggle This Article contains Flash-Video

Nouriel Roubini: The Financial Times recently interviewed economist Nouriel Roubini regarding the current US housing market problem and the potential for an extended US recession. Roubini addresses the outlook of the US economy, mortgages, potential policy action—The Frank-Dodd bill, Fed policy, and the outlook of financial markets.

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Global Must Read Articles

April 8, 2008 | Fundamentalist Fallacy, New Paradigm Needed!

The current housing mortgage crisis points to a general problem in finances. ++ Financial authorities and institutions are guided by market fundamentalism. ++ Their success has reinforced the misconception that markets are self-correcting, but current events show regulation is necessary. ++ To establish a clearing house or cutting foreclosures should be a priority. ++ Government intervention is

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April 25, 2007 | The Economist on Holes in the US Housing Bubble

The newest tale of woe among American investment banks is the housing market, according to The Economist. Some analysts on Wall Street predict that the housing bubble is on the verge of collapse, and point to the “subprime mortgage market” as the culprit. These loans, given to potential homeowners with poor credit at little or no money down, provide initial low “teaser” interest rates, which

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