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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗
Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue that probably more needs to be done on that front, and they've just begun to take the first steps to accepting that there's going to have to be much closer economic integration in Europe. ↗
It seems that the people of Oran are like that friend of Flaubert who, on the point of death, casting a last glance at the irreplaceable earth, exclaimed: "Close the window, it's too beautiful. ↗
They say that the commons of England would first destroy the king's friends and afterward himself, and then bring the Duke of York to be king so that by their false means and lies they may make him to hate and destroy his friends, and cherish his false traitors. ↗
