Writes Ambrose Evans-Pritchard: “Whatever the exact result of the US elections tomorrow, we must assume that the whole governing machinery of Washington and the state capitols will soon be hostile to laissez-faire thinking.” This is, I presume, as opposed to the free-market Bush regime.
Says Travis: “Ole Ambrose didn’t seem too fond of ‘laissez-faire thinking’ when he was screaming for worldwide central-bank infusions a couple weeks or so back…”
7:51 am on November 3, 2008
