4.5-5% growth for sub-Saharan africa.
Kind of amazing, actually.
I think when we move to the blogger debate there may be a little less optimism.
I think what she's asking about is China's massive stock of non-performing loans.
hey, there's voluntary assessment of the financial sector in China! That'll sort things out.
"not something that is well-known but IMF tries for even-handedness"
last question, from Les Echos
the first mention of the word "presidency", and it's not the context we were expecting
no time to think about French presidency!?!
That's a warp, for this portion of the event. Thanks to all who participated.
nice audience shot, Jonothon
Pat Garofalo from the Center for American Progress and Mike Moynihan of Reason magazine due on stage at 1.25 pm ET, I'm told.
About to start blogger debate.
Was sitting between Pat and Mike during the DSK interview, fair to say they thought he avoided a lot of the tough issues.
"wonderfully vague": Moynihan.
Chrystia channeling DSK now: EU and ECB need more firepower.
Moynihan taking position you would expect from libertarian: piling debt on debt won't work.
But he says he wouldn't let them go. Then, he said let them go.
I thought everyone agreed that the tax cuts *are* stimulative, just not very much so, and maybe not worth it.
Pat's right: There is no medium- to long-term deficit reduction package from WH.
And the one from the GOP is not very credible.
And he's probably right about mediocre job creation, too.
So if piecemeal approach to Europe debt doesn't work, what is the structural approach that would work?
IMF was bogeyman of the left in the 1990s: Moynihan.
We'll be uploading highlights of the interview here and on You Tube shortly