Judging from other things Robert Johnson has said, I don't think he has any clue as to what the solution to the current economic crisis is, but it appears he sure knows how the oligarchs are thinking right now. And what they are thinking is frightening. The one minute 59 second clip below is a must view
Johnson serves as the Executive Director of the Institute for New Economic Thinking and is a Senior Fellow and Director of the Global Finance Project for the Franklin and Eleanor Roosevelt Institute in New York.
Previously, Johnson was a Managing Director at Soros Fund Management where he managed a global currency, bond and equity portfolio specializing in emerging markets. Prior to working at Soros Fund Management, he was a Managing Director of Bankers Trust Company managing a global currency fund.
Johnson served as Chief Economist of the US Senate Banking Committee under the leadership of Chairman William Proxmire (D. Wisconsin) and of Chairman Pete Domenici (R. New Mexico).
Johnson received a Ph.D. and M.A. in Economics from Princeton University and a B.S. in both Electrical Engineering and Economics from the Massachusetts Institute of Technology.
(Via Jesse's Cafe Americain)