主题:【原创】奥巴马在动什么脑筋? -- 晨枫
do not report it.
Secretly, digest those bad debts slowly. And pray that growth helps to solve this problem just like in the early 2000s.
In the long run, central gov. should allow local gov. to issue public debts, improve debt reporting transparency and establish credit rating agencies to play the monitoring role. All bank loans through gov. corporations will be counted as local gov. debts and thus endanger the provincial credit rating.
Historically, the best control over gov. debt is the debt market. Look at California--even democratic nation has local gov. deficit crisis, but California governor has to take unpleasant measures because otherwise nobody will buy CA bond.
Past experience proves that parliamentary competition is not a good control over gov. growth. Voting is also not effective in European context. But ruthless capital market can do the monitoring work.
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🙂关于这个问题请仔细翻忙总的帖子,在这个问题上我 wolfgan 字24 2010-02-06 05:45:09
🙂只要大口袋里有了,小口袋里就有了 4 长江8号 字300 2010-02-05 22:47:38
🙂小事一桩?请看忙总最近的贴子,我就不多说了。 wolfgan 字0 2010-02-05 22:49:09
🙂什么办法-cover up and
🙂这个前景太吓人 光年 字43 2010-02-04 22:31:17
🙂谢宝 无毒有藕 字186 2010-02-04 21:10:39
🙂奥巴马会思考? 46 快乐是什么 字1266 2010-02-04 18:17:42
😁你太有才了 晨枫 字48 2010-02-04 21:46:07