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Comments on: The EU needs to get its priorities straight http://www.tvhe.co.nz/2011/09/23/the-eu-needs-to-get-its-priorities-straight/ The Visible Hand in Economics Fri, 23 Sep 2011 01:52:11 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2011/09/23/the-eu-needs-to-get-its-priorities-straight/#comment-34303 Thu, 22 Sep 2011 22:26:11 +0000 http://www.tvhe.co.nz/?p=6304#comment-34303 In reply to D.J. Taylor.

Every year the incompetence of international governments surprises me.  Over recent months, its pushing new levels of absurdity.

The fact is that they could just trust the experts (namely the ECB and Fed) – but even in that case, I’m losing faith in the ability of those organisations to implement policy in a way consistent with crisis management.  It has to be an institutional impediment – as no-one knows better about these sorts of issues then Ben Bernanke.

]]> By: D.J. Taylor http://www.tvhe.co.nz/2011/09/23/the-eu-needs-to-get-its-priorities-straight/#comment-34302 Thu, 22 Sep 2011 22:05:41 +0000 http://www.tvhe.co.nz/?p=6304#comment-34302 Couldn’t agree more.

Unfortunately, sanity does not always equal competency – especially when it comes to politics.

I liken it to following the advice of a physicist during brain surgery. They may be the most quliafied and experienced physicist in the world, but the chances are, you’re screwed.

My hopes are not high on this one 🙁

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