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It's my understanding, "needed policy adjustments" refers not only to rationalizing customary government transfers but also increasing amounts of funds to service treasury transactions and equities' re-insurance ("growth").

Such an adjustment surely produces "negative consequences" among dependents of government transfers. Conversely, this adjustment surely produces "positive outcomes" for capital market participants, "the creditors," such as financial services brokerages, debt and equity owners, securities underwriters and traders that have avoided losses during the preceding 24 months of market failures.

Geithner is soliciting assurances from his G20 and Group 30 colleagues that they will continue to discriminate beneficiaries of "growth" according to  a fiscal agenda, they have agreed to implement.

Diversity is the key to economic and political evolution.

by Cat on Sun Jun 6th, 2010 at 10:55:44 AM EST
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