Tuesday, May 12, 2009

I Love Europeans...

...and the beautiful understated way they have of putting things.

Exhibit A:

"With regards to Europe, because of the methodology, in our view we do not have an entirely convincing analysis," ECB President Jean-Claude Trichet has said.

Translation to Washington-speak: "The analysis is seriously flawed and does not take into consideration many important factors."

Translation to Wall Street-speak: "You're an idiot and your analysis is f***ing garbage."

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