Banks Aren't Only Ones Crying Out for Leadership

The ScotsmanMarch 27, 2009

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Summary


Gordon Brown's globetrotting is little more than an attempt to escape a growing crisis at home

SO WHO'S running the economy show now? And do they know what they're doing? I only ask because such is the muddle over who is pulling the levers (and which levers and how much), it is hard to discern who is really now in charge - the government or the Bank of England, or whether they are both now flotsam in the global storm.

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Banks Aren't Only Ones Crying Out for Leadership

The longer this persists, the greater the danger we will be driven to a deeper stage in this policy crisis: not just a loss of confidence and trust in financial institutions, but a wider and more general loss of confidence in a debt-laden government.

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