Wednesday, February 18, 2009

A Little Too Much "Cold Medicine"

In case you weren't paying attention, the frontrunner in the non-existent competitive currency Devaluation game resigned yesterday.

Watch the video on this link to see why: http://news.bbc.co.uk/2/hi/asia-pacific/7893924.stm?lss

"He has already apologised for his behaviour at last weekend's news conference in Rome but blamed cold remedies for a slurred performance there. "

I like the use of the word "performance" in this piece, like the G7 people were gathering in Rome to put on a show. Or a circus?

His replacement, Mr Yosano, "said his priority was to "smooth" the financial system as well as stimulating demand." Him and everyone else.
My advice: Stay away from the cold medicine before you go in front of the cameras for your performance.