Saturday, 24 December 2011

Capitalism without Bankruptcy and Liquidation Is Like Christianity without Hell..."Kyle Bass "




  1. BBC

  2. In The Balance
  3. Lesley Curwen and Justin Rowlatt get behind the headlines to find out what's really going on in this changing global economy.
  4. Are we heading for disaster or prosperity?

    Join our panel of guests for an easily digestible insight into how it all started - and where it's going to finish.

    But it's not all serious analysis.

    Management consultant turned comic, Colm O'Regan, will be giving his alternative view of the week's events and our guests reveal who's up and who's down in the world of international finance.BBC

    1. In The Balance
    2. In the Balance: 2011 - Reaping the Whirlwind

    MEDIA :

    Listen now (28 minutes)

    AVAILABILITY:

    Available to listen.

    Last broadcasttoday, 10:32on BBC World Service (seeall broadcasts).

    NEXT ON:

    Today, 19:32on BBC World Service

    SYNOPSIS

    Are we as perilously placed now as we were in the darkest days of 2008?

    Lesley Curwen asks a former British finance minister, Alistair Darling, a former central banker and head of Britain's CBI, Richard Lambert, and a former US presidential adviser, Pippa Malmgren.

    All of them were there at the eye of the 2008 storm, and none can find much end-of-year cheer this time around.

    However their gloomy forecasts are perhaps to be taken with a pinch of salt, as our resident management consultant-turned-comedian, Colm O'Regan observes, most pundits have a habit of getting it horribly wrong.

    How do you think we got into this financial mess in the first place?

    GLOBAL ECONOMY

    Exploring the causes and consequences of the biggest global economic slowdown for six decades

    Read more on the BBC News website

    IN PICTURES: TOP ECONOMISTS REVEAL THEIR GRAPHS OF 2011

    BBC's Newsnight programme asked some of the world's top economists to select their graph of the year and explain why they chose them

    Read more on the BBC News website

    BROADCASTS

    1. Sat 24 Dec 2011
      10:32
    2. Sat 24 Dec 2011
      19:32
    3. Mon 26 Dec 2011