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The Cnbc Cacophony Taleb Roubini Edition

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by Felix Salmon
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Feb 09 2009 10:52pm EDT

The CNBC Cacophony, Taleb-Roubini Edition

Josh Marshall points to a classic case of people talking past each other, when Nassim Taleb and Nouriel Roubini appear on CNBC to talk about big-picture economic crisis, while the anchors in the studio are interested in things like why "the financials are rallying today". After Taleb talks about the need for massive global deleveraging and deep-rooted systemic change, he's immediately faced with an absolute classic of a question:

"How is this actionable? How is this actionable? Nassim, Nassim, how do I sublimate that into action today?"

Well, you could start by switching off CNBC and doing something more useful instead, like bashing your head repeatedly into a brick wall until it bleeds.

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