The chief economist of Citigroup is not your average economist. Yes, Willem Buiter studied plenty of economic theory at Yale and Cambridge, but then he says funny things like the New York State Driving Test was his “greatest educational achievement.”
He is also very outspoken for someone who works for one of the biggest banks in the world. He thinks Citigroup “must have decided that it was better to have somebody who tells the truth occasionally than to have somebody who tells what people want to hear.”
Epoch Times spoke to Mr. Buiter about a possible financial crisis in China, a devaluation of the currency, and potential solutions. [Skip to 19:00 in the video]
They are going to have a financial crisis.
, Citigroup
