. . . in fact, they are implying that Gordon is a Moron after all. By John J. Kelly In a move unprecedented in Europe since Martin Luther said the Pope wasn’t a Catholic, German Finance Minister Peter Steinbrueck called Gordon Brown’s “crass Keynesianism” breathtaking – but not in a good way. Following the rude [...]
Credit crunch contrition from the commentariat
This morning an Editorial Intelligence (EI) briefing on ‘The Credit Crunch Commentariat‘ debated whether the media had talked us into recession or had downplayed the crisis and thus exacerbated its impact. “What, pray, is all the fuss about?” wrote Ex Economist editor, Bill Emmott, in the Guardian in August 2008. “Unemployment is down, the economy is [...]