Europe may still be ‘on path for a meltdown’: former Obama adviser Goolsbee

By MacroScope
August 15, 2013

Reporting by Chris Kaufmann and Walden Siew

For all the enthusiasm about the euro zone’s exit from recession, many experts believe the currency union’s crisis is more dormant than over. That was certainly the message from Austan Goolsbee, former economic adviser to President Barack Obama and professor at the University of Chicago. He spoke to the Reuters Global Markets Forum this week.  

from Tales from the Trail:

White House adviser nods to bubble risk in China

December 1, 2009

He was probably only trying to be funny. But White House economist Austan Goolsbee touched a raw nerve by inferring Chinese investors currently exhibit the same kind of bubble mentality that Americans displayed prior to the collapse of the U.S. technology stock bubble in 2000.stocks