"How can I know what I think until I read what I write?" – Henry James


There are a few lone voices willing to utter heresy. I am an avid follower of Ilusion Monetaria, a blog by ex-Bank of Spain economist (and monetarist) Miguel Navascues here.
Dr Navascues calls a spade a spade. He exhorts Spain to break free of EMU oppression immediately. (Ambrose Evans-Pritchard)

domingo, 25 de septiembre de 2011

FMI. acaba las reunión anual sin acuerdos resolutivos

En FT ,un buen resumen de la reunión anual del FMI, del que entresaco este párrafo:
While the International Monetary Fund annual meetings brought no resolution, they at least highlighted considerable agreement on the diagnosis of the main problems.
Almost everyone agreed with the IMF that the world economy had entered “a dangerous phase” and that the eurozone was “at the epicentre of the crisis”. Marking the 20th time he had attended the annual meetings, Larry Summers, Barack Obama’s former chief economic adviser, said: “I have not been at a prior meeting at which matters have had more gravity.”
Si están todos de acuerdo en el diagnóstico, ¿por qué discrepan en las soluciones? No sé. Siempre ha sido así. Por eso digo que no sirve asustar con las consecuencias, esperando que su gravedad baste para evitar el mal. Nunca se ha evitado una guerra con el miedo a la guerra. 

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