Some have chosen to focus on the fact that some students in the University where Mr. Geithner made a presentation chose to laugh when he said that America would maintain the value of the dollar. See here for example.
The real issues are covered by Simon Johnson at Baseline Scenario. See his posts here and here.
This push by [...]
Stopping short of promising to walk on moon or water, they have said that they would do every thing: regulate hedge funds, make compensation aligned with principles, regulate credit rating agencies, conduct sustainable fiscal stimulus and use monetary policy (conventional or otherwise) to support growth and yet ensure price stability. they would expand IMF and [...]
S&P downgrading India’s credit rating outlook is not entirely a surprise. Some may take aim at the agency, given their diminished reputations. That would be a mistake. Their methodologies for sovereign credit rating assessment have not been criticised.
Speaking to Bloomberg, Rajeev Malik of Macquarie Securities said that the new government should privatize, to reduce the [...]
The lead article in ‘Outook’ (March 2, 2009) puts the grade at B-. Perhaps, they were in a charitable mood. Then, there are columns by Dr. Pratap Bhanu Mehta (thanks to him for sending the link to his article), by Laveesh Bhandari of Indicus and an interview with Dr. Shankar Acharya. All three pull no [...]
Bare Talk at Mint
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