One of a number of posters created by the Economic Cooperation Administration to promote the Marshall Plan in Europe (Photo credit: Wikipedia)

This is an interesting and topical article from the OECD Observer. Check it out!

Protecting consumers, and the economy too – OECD Observer.

Personally, I am not sure that I agree with the thrust of the OECD article arguing for more financial regulation. Surely, the current financial mess was started when investment banks were allowed to merge with high street banks in the US? This happened on the watch of President Clinton.

Do you think increased financial regulation to protect consumers is appropriate right now or is it a red-herring to deflect from stimulating growth? Surely, we need a twenty-first century equivalent of the Marshall Plan to stimulate investment?