The IMF released its update outlook overnight, Greg had the details here:
At a following press conference IMF Managing Director Christine Lagarde followed up with an explainer … which included a lot of skiing metaphors.
- "What do you like when you're a cross-country skier? You like good visibility, no uncertainty,"
- She also said it's better when things are stable, there are no hazards and "everybody is skiing in the tracks"
- "So the cross-country skiing is going to be more laborious," Lagarde said. "More efforts are going to be required."
Via Bloomberg
Can anyone explain this in Australian footy terms instead ;-)
Or cricket, that'll work too.
