the greatest risk facing the world economy: Mr Obama’s failure to present a credible response to the financial crisis or even to assemble a proper economic policy team. After the British Government’s leaked messages of despair about nobody answering the phone at the US Treasury in the preparations for the G20, everybody is now aware that Mr Obama has nominated only two out of 18 deputy and assistant Treasury secretaries.
Anatole Kaletsky in the Times today in the the UK
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