“Who has the authority to set the price of water? How do you take away the rights of cities and towns? I don't think anyone has the authority to force conservation.”
“Growth is beginning to slow among the countries that maintain current-account deficits. In their place, sentiment is picking up strongly in countries that enjoy solid external surpluses.”
“The shift in growth sentiment supports a trend that has been developing over the past six months: namely, countries with strong external balances are beginning to look more attractive relative to countries with growing external deficits.”