Waffle from IMF’s Christine Lagarde
- UK growth has slowed notably since the start of the year
- Business is delaying investment until they have greater clarity about post-Brexit trade rules
- The more uncertainty there is about Brexit, the greater the risk to growth
- UK may face difficult decisions about the size of the public sector and how to finance it
- UK has underinvested in infrastructure and innovation
- BOE may need to raise rates faster if a fall in employment leads to too rapid wage growth
Next from Legarde: The sky is blue and water’s wet…
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She is not in jail? Ah yes… sorry… judged guilty but without sentence….
It’s not ‘what you know’ but ‘who you know’ 😉
As always, but today her ex-head of office has been sent to trail, with Bernard Tapie and 3 others for perverting (bribery?). I called that the french touch after DSK….
Are they going to be the scapegoats?
The ex-chief surely. Tapie won 404m with this deal which has been now canceled but he received the money a few years ago and spent it… Now…. I don’t know when the trial will be but Tapie is very ill, stomach cancer and the man looks like Nothing. So…. But I remind that Lagarde was declared guilty…. I don’t know why she is still running IMF… Next IMF Chief will be Hollande or Sarko lol 🙂
nice one mate, very much LMAO on her. Capt obvious spray tan tango queen!!!!
😀