Faltering in a stormy sea of debt

Faltering in a stormy sea of debt Policymakers confront complex challenges and nothing that is now happening suggests any of this will be managed competently, let alone smoothly, writes Martin Wolf
http://link.ft.com/r/S4XZQQ/C52HL7/JIYS70/3OL0GU/S3QBGY/SN/h?a1=2011&a2=4&a3=20