Quote For The Day

“One thing we’re certain around the table, it was that if there is that degree of disruption, that lack of certainty, that lack of trust in the U.S. signature, it would mean massive disruption the world over. And we would be at risk of tipping yet again into a recession. That was the impression around that big table,” – Christine Lagarde, the IMF’s managing director, on the fiscal crisis in the US.