More monetary stimulus will not help the world economy return to strong growth, former Bank of England governor Mervyn King said, days before the European Central Bank is expected to decide whether to embark on a massive bond-buying programme. This is a report from the Telegraph today. (more…)
October’s dose of dysfunctional US Government may not be the last.
The time was that the global prize for crisis deferral – as opposed to resolution – belonged to the EU.
You’ve heard about the tortoise and the hare. It’s a fable that has much to say about unequal partners, overconfidence, and perseverance – topics that leaders of the European Union (EU) may ponder when they’re not poking and prodding member states in efforts to provoke structural reform and growth.
