Audiences should always be cautious when think tankers claim that it's crunch time.
Crunch time has often been announced, following the time-tested rule that a think tanker can never really lose money by selling doom and gloom or by over-dramatising the one little idea that happens to be floating around in his head.
The need to sell ideas in a noisy market has created a cry-wolf problem: totally mega-decisive make-or-break turns of events are announced at least twice a week, so ...
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Already a member? Login hereJan Techau is a senior fellow and director of the Europe Program at the German Marshall Fund of the United States (GMF).
Jan Techau is a senior fellow and director of the Europe Program at the German Marshall Fund of the United States (GMF).