• I told all you muppets what was going to happen (he didn’t really say that, but bet he wanted to)
  • Without more stimulus, economies to suffer potentially lasting damage
  • BOE should restart QE programme with 50 bln purchases of long-dated gilts
  • BOE and govt need to cooperate to promote investment and credit to small businesses
  • Govt should set up bank for SMEs, new business lending

Pretty standard Posen speak. Keep banging that drum Adam!!

I wonder how Andrew Sentance is these days

;)