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America's 2011 fiscal stance will be one of stalemate.
Its unwelcoming stance will harm its long-term prospects.
But John Ralfe, an independent pension consultant, thinks this stance will be politically untenable.
The question now is whether his stance will someday seem justified, even prescient.
The Conservatives seem to think this stance will be a vote-winner in their rural heartlands.
My fighting stance will be the one that my friends at Fitzgerald & Fitzgerald taught me.
"This stance will go down in history, and all the Lebanese and Arabs will acknowledge it".
Some economists think the impact from SEBI's hard-line stance will be short term.
"We believe the current monetary policy stance will contribute to that objective," he said.
The suggestion came amid speculation that his stance will strengthen the hand of disillusioned Labour ministers.
It remains unclear whether Mr. Rowland's pro-management stance will help or hurt him.
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