Tag Archives: Tim Geithner
The dollar crash risk
As Jacob (“Jack”) Lew, the ex Citibank man who has succeeded Tim Geithner as US Treasury Secretary, surveys his inheritance, one thing he will probably not be worrying about is the dollar. Perhaps he should. True, prospects for the US currency have brightened recently. This reflects the new spring in the step of the American…
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Countries in mutual suicide pact
The appalling UK GDP figures, which mark the longest period of contraction for 100 years, plus the weakening of US and Euro area economies, provides yet further evidence that current policies everywhere are failing. Yet the debate on what to do is getting nowhere. The sterile argument between Keynesian expansionists and advocates of austerity continues. That…
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