The Australian today offers an interesting debate among some insiders on the underpinnings for a new Wallis Inquiry. It actually turns out to be quite interesting thanks to Adam Creichton who delivers some home truths about moral hazard and inflated asset prices. The others, of course, react like he’s from Mars, which is worth the price of entry alone. Enjoy! (And BTW, well done to The OZ for embedding its videos. Something the wider media is yet to learn.)
