Tuesday, April 27, 2010

Great Post

Charlemagne has a great post in which he looks at differing views toward markets in the wake of sovereign debt problems in Europe:
I think this goes to the heart of an interesting question: can markets lay claim to being legitimate decision-makers?

A few months back FLG looked at something like this when Quatremer argued that John Paulson and Goldman Sachs were attacking the Euro and Greece. But you should go read Charlemagne's post.

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