"The most important thing that needs to happen now is to see a more decisive signal from the European leaders, that they have a strategy that can restore confidence in their will to assault this."
And what, pray tell, is our strategy? What decisive signal have we received from our leaders?
"These things have the classic dynamic that the longer you wait, the harder it is to solve, the more expensive it is to solve. There's a huge premium on early action."
We're in the third year of the Great Recession and Tim has finally learned taking your time can cost you a lot. Gee, that's news to me.
But, Tim is a straight shooter and does acknowledge a failure or two.
"We're hardly in a position to cast aspersions on the quality of political action you're seeing around the world because our politics are so difficult.
"And of course we did a lot of damage to the world in the early stages of the crisis, but we also responded with force and alacrity."
I'm glad we responded with force and alacrity.
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