One cannot see any world leader who has got a grip on the financial markets these days. They're too big, too fast. I think that's quite scary.
Sentiment: NEGATIVE
There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
The guy that just arranges things so that the stock market holds up is nobody in my - in my estimation.
The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.
Today the financial market is no good, but the money is there.
What we know about the global financial crisis is that we don't know very much.
In a crisis, markets always look to see who is the next-worst off and proactively begin shying away from them.
I don't want to drive the markets crazy. I don't want to create trouble, but rather order and rules and norms. We have to struggle against financial excesses, those who speculate with sovereign debt, those who develop financial products which have done so much harm.
The market, as we're all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.
The World Bank is now the biggest culprit in the debt crisis.
We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.
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