Paul Krugman 2007 - The Coming Crash / by Nick Ierodiaconou

Pointers towards a new way forward - [an old video - but still remarkably relevent] from a massive decline of house prices [I suspect the HPC will be more in the region of 50% unfortunately - to a need to shift focus from mathematical financial engineering led economy towards a value engineering one - this maybe a big issue for London.... [iframe width="360" height="270" src="http://www.youtube.com/embed/4XhvG_fD0HA"]