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State bankruptcy: Is it inevitably the next phase of the crisis?

OPINION: "Sovereign Debt Risk Looms Large This Year," by Ulrich Volz, Wall Street Journal, 30 January 2009.

Op-ed calls for a temporary Global Expenditure Support Fund, or sort of a super-IMF for the G-20.

Interesting...

Posted by Thomas P.M. Barnett on February 16, 2009 7:28 AM | |

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