Things in George-land still rosy
They need to put one of these idiot-hawks in charge somewhere to set an example for everyone else. Or maybe Trichet did that and that's why Eurozone GDP is only now retaking pre-crisis levels.
What a delightful fantasy it must be that any developed economy is stong enough to withstand 3-4% rates.
In the next breathe she calls first quarter growth 'anemic'.
At some point, doesn't a hawk have to look back and say, "I was completely wrong" and then start to rethink things from the ground up?