Thursday, July 4, 2019

Christine Lagarde's 'Lehman Sisters' principle

Christine Lagarde, who has been nominated to be the next President of the European Central Bank, once said that had it been Lehman Sisters rather than Lehman Brothers there may never have been a worldwide recession.

Imagine how healthy the Catholic Church could be today if Largarde's Lehman principle applied.

It is embarrassing.

No comments:

Featured Post

It was the US and UK who destroyed democracy in Iran

On this day, April 9, 1972 United States B-52s resumed bombing North Vietnam, it was the first time since 1967 that the B-52s were used. Thr...