Congrats, Paul Krugman on winning the Nobel Prize for your work on global financial markets.
Check out this link for today's column on how the British government moved quickly and craftily to help reassure consumers - and take a beachhead in the almost unregulated private sector. In comparison, we seemed to be drifting. Ok, so Great Britain is a "junior partner" -- but junior partners have good ideas sometimes.
I sense the pendulum swinging, you de-regulators. Let's just see if establishing some standards brings a little stability - if it doesn't, feel free to call for deregulation again. But if it does...
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