2009-04-14blogspot.com

"In a piece at Bloomberg today, Stephen Roach, Chairman of Morgan Stanley Asia and well known "perma-bear" (who happens to have have been right about many more things than any "perma-bull" in this decade), thinks that policymakers have it all wrong. "



Comments:

tvsterling at 06:45 2009-04-15 said:
All we really need to fix this credit crunch is a law to FORCE people to spend instead of save. Appealing to the patriotism of such people is a waste of time. Put them in jail for their reckless saving. Permalink

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