The degree of leverage now being reversed is staggering, and the underlying global imbalances – notably between the savers and the spenders – will require long and painful adjustment.
Vince Cable Quotes
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Today's Anniversary - 25th May
Births
- 1953 - Stan Sakai
- 1939 - Ian McKellen
- 1764 - John Mason Good
- 1945 - Priscilla Presley
- 1969 - Anne Heche
Deaths
- 1986 - Chester Bowles
- 1085 - Pope Gregory VII
- 1937 - Henry Ossawa Tanner
- 2003 - Sloan Wilson
- 1899 - Rosa Bonheur
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