The crisis on Wall Street is symptomatic of a larger problem in the United States, argues Prof Youngjin Yoo, in an article titled Wall Street 2.0, where he also proposes ways in which Wall Street can redefine itself given the changing dynamics of the global economy.

A fabulous read.

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2 Comments on Wall Street 2.0

  1. madhavan says:

    These events expose the evils of Capitalism and as people say History repeats..some thing similar to Communism’s fall would soon happen..and may be a Socialist(a mixture of Communism Capitalism) would be delivered…People across spheres like us in India would be sharing the wealth rather than the wealth getting dumped with few CEOs…btw VK why is that people from the so called developed! were frantically selling their houses for 2000 dollars and are sleeping in their cars?….

  2. madhavan says:

    Btw 700b$ bail out enna solla varuthu??…nationalisation in indirect terms illaya??….India munnerathathukku karanam nationalisationnu sonna pala American anuthapigal ithukku enna solla poraanga?

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