Corrente

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What Yves said

In an Op-Ed published in Mint, India's second-largest business newspaper:

It is not a stretch to say that most central bankers, treasury officials, and Congressman are now sock puppets for global finanzkapital.

You know what Yves's problem is? She's too elliptical (haw). And the kicker:

As former International Monetary Fund chief economist Simon Johnson has pointed out, reform programmes usually fail unless some members of the oligarchy break ranks. Unfortunately, it may take an unmanageable crisis to convince them.

Keep up the good work on this, "progressives'!

NOTE Why is it that we have to go to the econoblogs for the red meat, anyhow? Look! Over there! Sarah Palin!

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