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 hard landing. Show all posts
Showing posts with label hard landing. Show all posts
June 12, 2021

Central banks and regulators cancelled the creative part of destruction.

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I refer to Martin Wolf’s comments on Philippe Aghion, Céline Antonin and Simon Bunel’s “The Power of Creative Destruction”, “ The innovation...
September 16, 2018

The world will come to deeply regret central bankers avoided a cleansing hard landing in 2008... and opted instead for kicking the crisis forward (and upwards)

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Sir, Merryn Somerset Webb asks: “The consequences of those solutions found in 2008, one of which was to make rich people richer in the ho...
July 12, 2018

What do we all have left to counter any major new round of debt-failures with?

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Sir, Jonathan Wheatley reports that according to the Institute of International Finance “Total debt owed by households, governments, and fi...
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