Posts Tagged ‘David Marsh’

Notes From Undeground: David Marsh- Weber is a bad choice to be Europe’s top banker

August 3, 2010

We know that this may be pollution to most people but as long as the air waves and op-ed pages are filled with nonsense, sometimes we just have to respond. David Marsh is somebody we have had great respect for as his book on the Bundesbank is one of the must reads for all those who really want to understand the global macro world. But when we vehemently disagree, we have to raise our “voice.” In today’s Financial Times, Marsh goes through the entire litany of reasons as to why Axel Weber would be a terrible choice to head the ECB. We don’t know what “kool aid” Marsh is drinking, or better, whose water he is carrying but his analysis is devoid of political reality.