Clownspeak goes global:
<<BASEL, Switzerland, Sept 11 (Reuters) - Central bankers from the leading world economies see strong U.S. productivity growth offsetting concerns about possible inflationary risks, including those from high oil prices, Bank of England Governor Eddie George on Monday.
He told journalists after chairing a regular meeting of Group of 10 and other central bankers at the Bank for International Settlements that "very strong productivity growth" in the United States reduced the risk of any major correction in share prices or abrupt changes in exchange rates.
The Group of 10 comprises Belgium, Britain, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, and the United States, as well as Switzerland. U.S. Federal Reserve Board Vice Chairman Roger Ferguson and New York Fed President William McDonough attended the meeting.>>
And yes Emperor, your new suit of clothes is truly beautiful.... |
