Quote of the Week: Is It Time For Austerity?

“There’s a debate about the merits of austerity among economists.  …We have to deal with the debt eventually.  …(But) I think probably austerity is bad at this time.”

Robert Shiller, Yale University economist and financial innovator (developer of the Case Shiller home price index and Shiller P/E stock market valuation tool), as interviewed in  Money Magazine, April 2012, “Past high stock returns an “anomaly”

 

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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