The Geithner plan

Yahoo! Tech-Ticker team interview James Galbraith about the new plan brought out by the US Treasury. Galbraith (son of the world renowned John Kenneth Galbraith) has been one of the vocal proponents of a Keynesian response to the crisis.

in this second video Tim Geithner talks about how the actual play should (hopefully) work and also what he believes are the expected lead times surrounding the deal. His body language in this video reminds me – to a degree – of Nixon before Watergate broke, looking down, avoiding too much eye contact etc.

The videos below are from one of my favourite vloggers, Khan Academy, who make simple to understand financial videos

the second installation is below

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