The banks should not be arguing with the Government over the stress tests. By all accounts, the test scenarios were constructed with pretty rosey growth scenarios. These banks are exhibiting way too much political power for my liking.
If there's anything that can drive me to a Rage it's Economics! So often economic opinion is left or right - rarely is there a considered non-politically-biased opinion. So, I give you RageEconomics! RageEconomics accepts no ideological labels and no political affiliation. I'm a senior business executive (I'll remain anonymous)with a view on economic policy and thought that is heavily influenced by practicality. I balance long term goals with the immediacy of short term priorities. I welcome all intellectual arguments to my posts.
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