When the head of the IMF speaks, the bankers sit up and listen. But is his advice going to be any more accurate than anyone else’s?
It is hard to continue to mount up the debts investing in stability when jobs replacing all those that have vanished from the economy seem to fail to appear again anywhere else.
Governments may not recognise it is not just stability of the institutions that exchange and invest funds but the intergenerational pause that may work out far more costly.
There is a tendency to inherit old political stances and watch polls, instead of knowing what you are doing and hanging on for dear life as your popularity finally rises toward the end of your term.