« How I Voted My CocaCola Proxy | Main | Goodbye Godaddy »
Tuesday
Mar172009

Barney Frank Sounds Like An Emerging Market Minister

DateMarch 17, 2009 at 2:37 PM

Barney Frank's comments remind me of the kind of comments I heard back in the 1990's regarding foreign capital inflows to emerging economies. Countries like Brazil, Thailand, Korea and Chile were very nervous about fickle foreign capital actually hurting financial stability and would rather not have it even if that meant increasing the cost of capital.

AuthorDavid Neubert | CommentPost a Comment |

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Notify me of follow-up comments via email.