Influential international economist John Lipsky was a top IMF official negotiating the solution to the Global Financial Crisis. He contrasts the massive policy response now to then and the likelihood that current efforts will be enough to halt the global economic freefall.
John Lipsky
GLOBAL ECONOMIST JOHN LIPSKY JOINS STRATEGIST & AUTHOR NICK SARGEN WITH PERSPECTIVES & ADVICE
Two wise men of global finance, John Lipsky, and Nick Sargen discuss policies and investments in the Trump era.
WATCH NOW…
CONSIDER HIGH QUALITY EUROPEAN STOCKS
Morningstar recommends: Mutual European Z (MEURX) Find the latest stats here. Run by past WEALTHTRACK guest Philippe Brugere-Trelat since 2004 and has an outstanding track record Watch this Episode
SARGEN & LIPSKY: THE DECLINE OF U.S. FINANCIAL DOMINANCE
It has been four years since the start of the worst financial crisis in the post war era. It feels like a lifetime to me. Lehman Brothers filed for bankruptcy in September 2008, tipping the world into a systemic financial meltdown which we have been recovering from ever since. It’s helpful to step back every once and while and see how far we have come since the market lows of March 2009, when the S&P closed under 700. It has more than doubled since then, but oh what a ride it has been!