The Next Financial Meltdown?
Despite having co-authored a book forecasting the next financial meltdown, Simon Johnson is optimistic about the future. “You’re here because you’re worried,” he said to the standing-room only crowd at NPR West in Culver City. “If I were addressing only three people in this room, I wouldn’t be optimistic.” Johnson, a professor of entrepreneurship at MIT, Baseline Scenario blogger and co-author of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, explained what led to the financial crisis and how we can avoid the next one. The …