Tuesday, June 2, 2009

Martin Wolf: Rising government bond rates prove policy works...


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Financial Times
Martin Wolf
Wednesday June 03 2009

FT.com - Martin Wolf
 
Rising government bond rates prove policy works
Stanford's John Taylor and the Harvard historian Niall Ferguson have both argued in the FT that the US fiscal path is unsustainable. Martin Wolf's view is that there are powerful arguments against fiscal retrenchment right now and he welcomes recent moves in the bond markets
http://link.ft.com/r/9ULF66/FO0HM/42ED3/R49N7/F0TPB/FW/h
 
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