These are the words in the interview
"I take full responsibility for all my actions, but I think we're dealing with a bigger problem that is global in nature, as well as national. Perhaps 10 years ago after the Asian crisis when other countries thought these problems would go away, we should have been tougher ... keeping and forcing these issues on to the agenda like we did on debt relief and other issues of international policy."and admits that things cannot return to the way they were
"Laissez-faire has had its day. People on the centre-left and the progressive agenda should be confident enough to say that the old idea that the markets were efficient and could work things out by themselves are gone"
One wonders though how much this interview was influenced by David Cameron's comments last week.
By admitting that he had taken his eye of the ball and joined the "cosy consensus",he was able to draw a line under Tory policy and perhaps this is what Browm is trying to do.
Expect a lot more on this as the news develops
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