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Lord Lawson`s Son On Lord Turner
There is no case in favour of wait and see….by waiting we should have missed out on the great restructuring of the European economy and its trading patterns….to stay out now would be a terrible mistake.
Quote by: Lord Adair Turner
Quote made on: 2002
Quote Submitted by: David Snape
Source: Dominic Lawson of "The Sunday Times" (12/08/2012)
Editor's Notes
It seems possible that Dominic Lawson does not consider Lord Adair Turner to be his favoured candidate to replace Sir Mervyn King at the BoE.
In addition to the above, Mr Lawson went on to say: “Above all, we should not forget Turner`s obsessive proselytising for British membership of the euro while he was Director-General of the CBI. Given that the euro can be saved only by what Turner at the time described as the widely-held fallacy that the single currency requires a large central budget in Brussels, one might expect some humility: but that is not his style – and I doubt he sees the incongruity in applying for the job of printing billions of a currency he campaigned to abolish.”
Remind me not to get on the wrong side of Dominic Lawson.
(3 votes, average: 4.67 out of 10)
Loading ...Published on: August 14, 2012
