Thoughts on the Future of the Global Economy

Rob recently provided some thoughts on the Russian economy and the global economy.

I'm not sure I have much to add. If there is anything I've learned while following the events of the past two years it's how little I actually know. I think Nouriel Roubini (Dr. Doom!) does a good job summarizing where we are now [on a global scale] and where we may be headed.

Here are two very general questions that I think will play an enormous role in determining the future global economy:

1. What will the proper role of the Fed and central banks be?

2. What does the future hold for modern finance? More to the point, how is finance going to be regulated? How will private firms and eventually the entire private market react to such regulation?