Willem ‘Gold-Is-A-6000-Year-Bubble’ Buiter Joins Council on Foreign Relations As Senior Fellow

Willem “Gold-Is-A-6000-Year-Bubble” Buiter Joins Council on Foreign Relations As Senior Fellow (ZeroHedge, Dec 9, 2014):

Less than two weeks after penning his “gold-is-a-6000-year-old bubble” propaganda, which understandably did not include the following chart…

gold-bubble

… Citigroup’s Willem Buiter was just made an honorary member of the Council of Foreign Relations.

Distinguished Economist Willem Buiter Joins CFR as Senior Fellow

December 9, 2014—Willem H. Buiter, a renowned macroeconomist and global chief economist at Citigroup, has joined the Council on Foreign Relations (CFR) as an adjunct senior fellow. His work will focus on geoeconomics, deglobalization, international financial institutions, and global economic governance.

“We are thrilled to have someone of Willem Buiter’s experience and reputation joining CFR,” said CFR President Richard N. Haass. “His presence will make an already strong economics program that much stronger.”

Buiter is the newest addition to CFR’s Maurice R. Greenberg Center for Geoeconomic Studies, which provides analysis on how economic and geopolitical forces interact to influence world affairs.

Prior to joining Citigroup, Buiter spent six years as a professor at the London School of Economics and Political Science, teaching political economy.

From 2000 to 2005, he was chief economist and special counsel to the president at the European Bank for Reconstruction and Development, and from 1997 to 2000 was an external member of the Monetary Policy Committee of the Bank of England.

Additionally, Buiter has been a consultant to the International Monetary Fund, the World Bank, the Inter-American Development Bank, the Asian Development Bank, as well as to other multilateral institutions, national governments, and central banks. He was also a senior advisor at Goldman Sachs International and a member of the Academic Advisory Board of APG Investments.

Buiter was a full-time teacher and academic researcher for nearly three decades. He holds a BA in economics from Cambridge University, and an MA, MPhil, and PhD in economics from Yale University.

We can only hope this is an honorary title for his anti-gold crusade. It surely isn’t for the accuracy of his “90% probability of a Grexit” made in 2012.

In summary:

  1. Write rambling anti-gold missive
  2. Become “senior fellow” at the CFR
  3. Profit

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