They just don’t get it #7: Nigel Lawson and Bretton Woods II
You gotta love Nigel Lawson. Not content with taking on practically every climate scientist in the world over global warming, he now has these wise words on those calling for reform of the world’s financial architecture:
“That’s absolute claptrap. The French are always calling for it and you just have to let it blow over. Take no notice.”
I’m not naive enough to think that a new Bretton Woods deal is anything close to certain but a massive financial crisis, global recession and Barack Obama might suggest to the casual observer that this latest drive for change is a bit more than Gallic idiosyncrasy.