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The problem with emergency expert cabinets is that they have to be selected. And the selection pressure will be against dissenting views, because everybody who is going to be doing the selecting is going to be from the old guard that was appointed when times were good and the position was a sinecure. Or even worse, they might realise that they are incompetent, and call in the respected experts - the IMF and ECB. shudder

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Dec 3rd, 2010 at 11:24:08 AM EST
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