Financial quotes of the month

“The idea that ‘drill, baby, drill’ can cure our jobs deficit is basically a joke.” Paul Krugman, American economist, regarding former US vice presidential candidate Sarah Palin’s statement “We call on banks to continue stimulating growth in their deposits, even at the expense of slowing growth in profits.” Riad Salameh, Governor, Banque du Liban “The Turkish lira now has a symbol, just like the US dollar, the euro and the yen.” Recep Tayyip Erdogan, Turkish Prime Minister “They [the Bahrainis] will pay if there is no race. The money is in the bank already. So we’re not going because we’re going to get paid. That has nothing to do with it.” Bernie Ecclestone, the Formula One tycoon, defending his decision to go ahead with the Grand Prix in Bahrain in April “We used to be the people of the Book. Now we became the people of the Facebook. Much better.”