Tea with FT

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.

Showing posts with label Keith Fray. Show all posts
Showing posts with label Keith Fray. Show all posts
August 16, 2017

Its worse! To central banks’ holdings of public debt we must add that of normal banks holding it against zero capital

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Sir, Kate Allen and Keith Fray with respect to the QEs write that “The Fed’s balance sheet has expanded significantly several times in the ...
April 01, 2014

All triple-A ratings are doomed to be downgraded, sooner or later.

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Sir, Ralph Atkins and Keith Fray report “Triple A government debt ratings fall as financial crisis takes toll” April 1. It could not be any...
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