"She might have shown greater wisdom by declining to comment at all. A defence few believe is no defence."Incredibly, Osborne holds her in high regard.
Her stance is typical of Europhiles, most of whom are collectivists and to whom the markets are deemed to be an aberration that must be regulated and controlled.
Either she and her ilk don't understand markets or they want to undermine them in the public's consciousness so as to roll in (further) the anti-market, anti-capitalist state-regulated state 'capitalism' - or corporatism.
That she thinks it is possible and given her pecking order in the EU, tells us much about the EU's intended direction of travel. Not for her, economic freedom for EU citizens.
To dismiss her remarks as those of a barking, spinning loony, is to take your eye off the ball.
We need to watch that space carefully.
Osborne's strong language in the FT is probably indicative of the uphill battle he perceives that the UK faces against the lefties/fascists in the EU. To me, it indicates that we are in real danger of seeing London's supreme position in the financial markets being whittled away by those countries which covet its position. Namely, France and Germany.
* Christine Lagarde is France's Finance Minister and Bilderberg attendee.
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