Most politicians are masters of speech without substance, and this holds true on an international level.
Case in point, from the G10 spokesman.
"We have a number of elements that are suggesting that we are approaching the moment where you would have a pick up," European Central Bank head Jean-Claude Trichet said in his capacity as spokesman for the G10 central bankers meeting at the Bank for International Settlements (BIS).
Approaching the moment of a pick up? Let's define approaching:
- verb: to come nearer to
So if we EVER get out of this recession, then by definition we are approaching a pick up. Way to really stick your neck out on that prediction there, M. Trichet. You got paid how much to reach that conclusion?
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