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Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions. ↗
I opened the door and stepped in. Raw pain filled me at the sight of my painting. 'Show me what it looked like, before the fire.' His request surprised me, but I did as he asked. With eyes closed, I projected the exact details of the painting I had poured my soul into. Just as I had experienced his love of surfing in a visceral way, he shared not just the visual beauty of my work, but the love and passion with which I had dedicated myself to it. 'Thank you. Now, it will never truly be gone.' I choked back a sob and went to Mr. K's office. ↗
The ability to play the clarinet is the ability to overcome the imperfections of the instrument. There's no such thing as a perfect clarinet, never was and never will be. ↗
Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed the usual pattern. A long-lived boom driven by cheap credit, going back as far as 1982 (though subject to interruptions in the mid-1980s and 1990s, and in 2001), came to grief because of a rise in the cost of borrowing money. ↗
