He says it would be better to ease sharply now, even if some cuts have to be reversed later.

ECONOMIST: Alan Greenspan��s miracle cure

If interest rates rise across the economy, he says, those longer-term bonds could fall sharply in price.

WSJ: Upside: Looking for Inflation Protection? Take TIPS off Your List

He says the psychology behind oil and gasoline prices can turn just as sharply as go-carts.

NPR: Oil and Gasoline Prices Drop Quickly, Quietly

But sales have fallen off sharply as Spaniards curtailed their vacation spending, and he says the new plan could put his business under.

WSJ: Spain Plans to Burn Its Bridges to Keep Vacationers on the Job

He says the bulk of these subprime loans that the company was selling adjusted sharply upwards after two years.

NPR: Former Ameriquest Workers Tell of Deception

He says the government grants received by his council are being cut twice as sharply as the English average.

BBC: More local authorities look set to increase council tax

He says the firm is likely to benefit from a regional surge in smart phones, which will sharply boost revenues from mobile-data sales.

FORBES: This Could Make Carlos Slim $10 Billion Richer

He says Paulson could do more to encourage the Chinese to revalue the yuan, particularly because the dollar has been sinking sharply in global currency markets.

FORBES: Magazine Article