Sandra Martyres

Rookie - 24 Points (5th October / Mumbai - India)

The Impossible Trinity - Poem by Sandra Martyres

The Economists are back again
This time with more new jargon
The if the dilemma
Were not enough to confuse us
In ecclesiatical terms it is described as
The Impossible Trinity - which simply implies
That a country has the option of making
Any two of the three choices available
Monetary independence and /or fianancial
Integration and/or exchange rate stability
To boost its economy but definitely not all three...

Apparently Asian economies have successfully
Conquered the trilemma and have been able
To stage a 'V' shaped recovery, unlike their
Western counterparts who are still busy
Grappling with the global financial crisis
The trilemma it appears was far easier to solve
Than its ancestor the dilemma - the reason
Elementary as Sherlock Holmes would say
In reality they had only two choices anyway
Their healthy exchange reserves made the
Impossible possible... Asian giants were left with
The remaining two to focus on and no Trilemma

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Poem Submitted: Sunday, April 11, 2010

Poem Edited: Tuesday, April 20, 2010

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