Two time Nobel prize winner Joseph Stiglitz talks about the true cost of the Iraq war, the direct impact of the war on the US economy, and back in February, he wonders why the macroeconomic impact was not worse.

http://uc.princeton.edu/main/index.php?option=com_content&task=view&id=2814&Itemid=1

Colbert had him on the other night. This is not new, but it is very interesting to watch this panel discussion in the context of the current economic crisis.

There are not two problems, war and economy. There is one problem.