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    “No doubt you have also noticed that, with less than 10 weeks to go until the November presidential election, our country is in the grip of an increasingly ugly political campaign. So, with this combination of bad economics and bad politics, we look to you for direction and leadership. It is that simple, and that important.

    “We need you to overcome a prolonged period of congressional paralysis and polarization in order to address the country’s malaise. We need you to pivot in your responses from the tactical to the strategic, from the cyclical to the secular, from the partial to the comprehensive, and from sequential to simultaneous reforms.”

    A back-to-school letter for the US Congress
  2. Link

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    Q&A: Five years of the financial crisis

    Thursday 9 August marks the fifth anniversary of the financial crisis - “the day the world changed” as former Northern Rock boss Adam Applegarth put it.

    Larry Elliott, Graeme Wearden and Jill Treanor from our business team will be on hand to answer your questions about what’s next for the world’s economy and the debt crisis. Post your questions now and they’ll be online from 11.30am - 12.30pm BST to answer a selection.

    Got a question for our panel?

  3. Link

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    How has the financial crisis affected you?

    Northern Rock boss Adam Applegarth said 9 August 2007 was “the day the world changed.” As we approach five years on from the week that the world’s money markets froze, we want to hear your stories and experiences of the past five years.

    • How was your work or business affected? What did you do to adapt to the circumstances?
    • Did the economic gloom make or force you to change career, country or your lifestyle?
    • Were you working in the financial sector at the time or during the five years that followed? What has changed?

    Help us build a picture of the individual’s experience of the credit crisis.

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