Sunday, April 5, 2009

Comment from FT.com

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FT.com
 All times are London time: Monday Apr 06 2009


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The fiscal hole that must be filled
Apr 05 2009 19:09
Congress is preparing to underwrite a large and permanent expansion of US government spending obligations while failing to expand the tax base. So for how long will Barack Obama be able to keep his pledge not to raise income taxes for almost all Americans, asks Clive Crook Read more »

Why this will not be a normal cyclical recovery
Apr 05 2009 19:23
This recession is unusual because it is balance-sheet driven, centred on the damaged financial condition of both households and banks, writes Roger Altman Read more »

The London summit has not fixed the crisis
Apr 05 2009 19:35
It ducked the question of bank rescue beyond a few meaningless and self-congratulatory statements. Instead, our leaders showed more interest in future crises than in the current one, writes Wolfgang Münchau Read more »

How to save the market economy in Europe
Apr 05 2009 19:26
Europe must seize the chance to get the best out of competing economic models and firm up market integration by moderating tax competition, writes Mario Monti Read more »



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