After my last few vague ramblings on the economy I wanted to hear what somebody who actually knew what they were talking about thought.
I found the ideal candidate: John Allison, former CEO of BT&T Bank (which hasn’t gone broke), speaking for the Ayn Rand Institute. Now don’t get me wrong, the folks at the Ayn Rand Institute can be a bunch of crazy mofos! But this guy was facinating and makes a lot of sense.
It’s a dense presentation (as in, there is a lot of content squeased into it) so follow the related slides and pause it often – as I did.
The talk and accomanying slides can be found here.