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Despite an ill-timed presidential transition, the confusing and ever-changing policies of former treasury secretary Hank Paulsen, the lambasting of U.S. Treasury Secretary Timothy Geithner and the mind-boggling partisanship of Congress, Bernanke has engineered a succession of policies that are succeeding in normalizing credit markets.
This is a harbinger of economic recovery. Future historians will marvel at how swiftly he acted at a time when the world economy seemed to be hopelessly, and relentlessly, unraveling.
Friday, March 27, 2009
It will be nice if this guy is right
Global News | World | International
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