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 - 19th March
Births
- 1933 - Philip Roth
- 1921 - Tommy Cooper
- 1860 - William Jennings Bryan
- 1721 - Tobias George Smollett
- 1905 - Albert Speer
Deaths
- 1907 - Thomas Bailey Aldrich
- 1901 - Zerelda G. Wallace
- 1997 - Willem de Kooning
- 1711 - Thomas Ken
- 1960 - Sonya Levien
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