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 exchange rates. Show all posts
Showing posts with label exchange rates. Show all posts
September 06, 2018

If EU does not face and solve the challenges posed by the euro, it will break down.

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Sir, you write, “Joining the euro meant losing the ability to depreciate its currency — long Italy’s safety valve when its competitiveness ...
November 09, 2011

But the misalignments turned monstrously large only because they were financed.

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Sir, Martin Wolf in “thinking through the unthinkable” November 9, quotes Thomas Mayer of Deutsche Bank saying “below the surface of the eur...
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