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 economia sommersa. Show all posts
Showing posts with label economia sommersa. Show all posts
June 02, 2018

To salvage the European Union, its authorities must be held responsible for the travails of Italy, Greece and other.

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Sir, with respect to what’s happening in Italy you write: “The guardians of the single currency failed to mend the roof while the sun was s...
January 02, 2015

Selling the notion of being able to make banks safe, at no cost, is pure unabridged populism.

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Sir, I refer to Tony Barber’s “Renzi is the last hope for the Italian elite” January 2. In it Barber attacks populism and writes about...
January 06, 2014

If the visible banks are not rationally regulated, there is no choice for the real economy than to run for the shadows.

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Sir, the risk weight function which determines the current capital requirements for banks are based on two monumental mistakes. The fir...
April 17, 2012

The survival of Spain and Italy (and Portugal) is day by day being more in the hands of their respective shadow economies, their respective economia sommersa

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Sir, no matter where you look in the developed world, you will find dangerous obese bank exposures to what was or still is officially perce...
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