Great fan of this man , the real ones are always humble and mindful that humans tend to make error (anybody notice how many times he said what he believes and then followed up with that I am not sure )
Schiller's comments regarding the lack of strategy for negative interest rates make sense, proving his Economics expertise, but he doesn't seem to know much about investing... 5:58 He preferred European stocks to US back in 2015, when this interview was held. 13:22 He's bought Italian stocks but Italy's economy has been sluggish since joining the Euro, the country is suffering from a banking crisis, repeated corruption scandals and populism is on the rise. London and Boston house prices might be correlated, but they're completely different cities.
Read his books during lunchtime in Borders (remember them?). Smart guy indeed. I think this interview could have been conducted/researched a lot better - with pointed questions. Her microphone was abysmal.
Again no strong predictions for UK housing? Sigh...Yes, it's not yet in the bubble stage yet, the pattern is a 3-5 year downturn (2008-2012) then a 14.2 year upswing in land prices, as prices started rising in 2012 the next peak should be in 2026. A mid cycle downturn normal occurs in year 7 so 2019, though house prices usually remain resilient. The bubble/minsky phase will follow this until the peak and following recession/depression.
"Puzzle of our time" ? Could it not be simply that labours share of the profits has been declining and the debts are now eating away at demand. Ponzi debt growth is what we have endured since how long... Negative interest and yet still no investment tells you there is simply no demand and why because the consumer is loaded up with debt / interest servicing much like the old feudal periods and land rents, Lords replaced by banks.
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Really ? An interview with such an important person and you can't afford a better audio quality ?
what about brexit..thats important isn't it??
about as important as a steaming turd
Great fan of this man , the real ones are always humble and mindful that humans tend to make error (anybody notice how many times he said what he believes and then followed up with that I am not sure )
Yale professor & Nobel prize winner....now this really rings alarm bells with me...
Schiller's comments regarding the lack of strategy for negative interest rates make sense, proving his Economics expertise, but he doesn't seem to know much about investing...
5:58 He preferred European stocks to US back in 2015, when this interview was held.
13:22 He's bought Italian stocks but Italy's economy has been sluggish since joining the Euro, the country is suffering from a banking crisis, repeated corruption scandals and populism is on the rise.
London and Boston house prices might be correlated, but they're completely different cities.
Why is everyone complaining about the audio. I only have trouble understanding the interviewer.
Excellent interview, but please buy a small tie mic
Read his books during lunchtime in Borders (remember them?). Smart guy indeed. I think this interview could have been conducted/researched a lot better - with pointed questions. Her microphone was abysmal.
Again no strong predictions for UK housing? Sigh...Yes, it's not yet in the bubble stage yet, the pattern is a 3-5 year downturn (2008-2012) then a 14.2 year upswing in land prices, as prices started rising in 2012 the next peak should be in 2026. A mid cycle downturn normal occurs in year 7 so 2019, though house prices usually remain resilient. The bubble/minsky phase will follow this until the peak and following recession/depression.
"Puzzle of our time" ?
Could it not be simply that labours share of the profits has been declining and the debts are now eating away at demand. Ponzi debt growth is what we have endured since how long...
Negative interest and yet still no investment tells you there is simply no demand and why because the consumer is loaded up with debt / interest servicing much like the old feudal periods and land rents, Lords replaced by banks.
basically if you dont get into debt you dont have a chance of buying a house if you're middle class. that is pretty much serfdom right there
it sounds like she's talking through a cardboard box
Shiller helps his son buy a home! Surely that should tell you and him, something is very wrong when his son has to go to the bank of mum and dad.
+bulltraderpt
shiller is a shill and lies about everything.
I know this guy is very intelligent, but he lives in a reality bubble himself. I wouldn't listen to anything he says. He just a prof.
+Todd Lavigne What specificity makes you say this? You should check out his track record.
+Dan Ihde No one says I have to what?