In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘ECB’

Downgrade the rating agencies

Posted by seumasach on January 26, 2012

It really is unusual to read such a sane analysis in the British press!

Philip Stephens

FT

19th January, 2012

I keep hearing people say don’t blame the rating agencies. My first reaction is why not? After due and sober reflection my considered response is why the hell not?

Read full article

Posted in Battle for Europe | Tagged: , , | Leave a Comment »

Germany Blasts “Powers of the Fed”

Posted by smeddum on June 3, 2009

By JOELLEN PERRY
WSJ

JUNE 3, 2009
In a speech on Tuesday in Berlin, Chancellor Angela Merkel expressed ‘great skepticism’ over the clout of central banks and suggested their aggressive moves in Europe, the U.S. and the U.K. might backfire. She is shown here at a rally later in Saarbrücken, Germany, for European Parliamentary elections.
German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the groundwork for another financial blowup. Read the rest of this entry »

Posted in Financial crisis | Tagged: , , , | Leave a Comment »

 
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