I have just watched the (rather long!) video below and read this article about Chinese savings, both of which lead me to believe that Richard Koo is smarter than the average economist. Having said that, I don't agree that government borrowing is the only way out of the crisis - debt cancellation would still be better.
Saturday, 9 July 2011
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment