• In some Western countries we need to get used to period of modest growth of 2-3%, perhaps modestly higher
• Asked if weakness in US econ data a cobncern says “sure”, cites Canada’s relaince on exports to US
• Ireland has “sold” bank plan, has led EU in courageous fiscal reform decisions
• Asked on S&P downgrade of Ireland, says he takes rating agency views with grain of salt (excellent!!!)
• Says “Not a big fan” of Moody’s, S&P, says rating agencies part of the problem that caused crisis