LONDON – Politics trumped sensible economics in the United States this summer, when Congress and President Barack Obama could not agree on taxes, entitlements, deficits, or an investment stimulus. Europe’s leaders were also paralyzed – ruling out defaults and devaluations, as well as deficits and stimulus.
发自伦敦——今夏美国国内的政治需要压倒了经济理性，国会与总统奥巴马在税收、授权，赤字以及刺激方案上争持不下。欧洲各国领导人也左右为难：一方面排除了违约和贬值的可能性，另外一方面又不愿推行赤字和刺激计划。而通过实施实质负利率，印钞，注入流动性并补贴各商业银行，世界各地的中央银行管理者们（最近是美联储主席伯南克）似乎都认定自己已经尽力了。