As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.
Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?
For more see "A Blog is Born" at the very bottom.
May 08, 2021
Will this tweet be ignored by FT?
How much hubris is needed for regulators to impose risk weighted bank capital requirements, as if they know what the risks are?
How much wishful hoping is needed when even Nobel Prize winners in Economic Sciences believe that the regulators do know?