When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of an Arabic saying: ‘Those who claim to foresee the future are lying, even if by chance they are later proved right.’
Vince Cable Quotes
The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will require long and painful adjustment.
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Births
- 1909 - Nigel Tranter
- 1949 - Tom Joyner
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- 1974 - Saku Koivu
Deaths
- 1821 - Sir James Mansfield
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- 2001 - Mary Whitehouse
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- 1990 - Roald Dahl
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