We're in the process of emerging from eight years of a fanatical administration, free market zealots who opposed any financial regulation. Because of their stupidity, we've been plunged into the most serious financial crisis since that of 1929.
-- Nouriel Roubini
As it turns out, I've quoted Roubini before in this blog.
He was the first one, I think, to increase the possible losses to two trillion dollars: The Two Trillion Dollar Spree. That post was put here January 2nd.
As of today, September 26, the figure is now forty-six trillion dollars.
-- via Twitter from UrmiRaj14
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