[PEN-L:33324] Re: Martin Wolf on the triple debt trap

["Ian Murray" <seamus2001@xxxxxxxxx>]

----- Original Message -----
From: "Michael Pollak" <mpollak@xxxxxxxxx>
To: <pen-l@xxxxxxxxxxxxxxxxxxx>
Sent: Sunday, December 22, 2002 3:40 AM
Subject: [PEN-L:33316] Martin Wolf on the triple debt trap


>
> [If we're going to do the economic watch on the Rhine, I think I still
> prefer the Wynne Godley overall argument of inevitable drastic
> readjustment to betting on the housing bubble.  Here's a recent riff
off
> (and pretty good summary of) Godley by the FT's Martin Wolf of all
people,
> who seems to be saying that it's no longer a matter of whether, but
rather
> of when.  Although I fully hope that by saying that out loud I will
jinx
> it :o)
>

=========================

Summer of '99 I sent Godley's essays -including the one in the London
Review of Books- out to lots of fellow Seattleite troublemakers and left
coastists for, uh, "community education." Nice to see that fellow flat
earther Wolf catching up with the times.


Ian


Ian