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"A major and timely contribution to a national debate that will only get more heated in the years ahead."
—Mohamed A. El-Erian, CEO of PIMCO
#whburning- Because They Can #whburning /JK http://t.co/7hb7gYFo baselinescene (Baseline Scenario)
- Making Banks Small Enough And Simple Enough To Fail http://t.co/OQu8yKb5; the dangers of TBTF are huge - see #whburning /SJ baselinescene (Baseline Scenario)
- RT @balancejunkie: RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/NkyMRjO2 #whburning CreditCardsCA (Credit Cards Canada)
- RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/mFFBVVqW #whburning sparklefarkle26 (Jessica Ault)
- RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/mFFBVVqW #whburning jim_barton (Jim Barton)
- RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/mFFBVVqW #whburning howtodoit1 (J Miller)
- RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/Ttq4WImW #whburning BalanceJunkie (Kim Petch)
- RT @DennisKelleher1: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/JyN2lPPq #whburning ThePowerElite (Todd Krohn)
- @SagalynLit enjoying Simon Johnson's #WHburning. Is he on twitter? jacquetta (jacquetta)
- RT @Bettermarkets: JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking http://t.co/mFFBVVqW #whburning MikeDonnellyJr (Michael Donnelly)
Our Other Book


Zimbabwe and the Financial Crisis
Or, yet another reason why the financial crisis matters …
In Zimbabwe, site of some of the deepest suffering in the world today, Robert Mugabe reneged on a power-sharing deal with Morgan Tsvangirai and the opposition party. Sure, he might have done it anyway, but it’s a lot easier when the world’s attention is elsewhere and every major power has other things to worry about. We rarely comment on non-economic issues, but in hard times, you can watch for more and more behavior like this.
Please comment if you’ve seen other cases of politicians using the crisis as cover for things they might not try otherwise.
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