For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures.
“I think the aim - and certainly the aim of what I've tried to do since leaving - is not political and certainly not a witch hunt at individuals. It's to try to direct our attention at what I believe is a fundamental fault analysis that we must now examine.”
“Rounding to the nearest cent is sufficiently accurate for practical purposes.”