Man, he gets all the best titles.
Before "crises-fighting central baker" we saw "Mark Carney, man of destiny, arises to revolutionize society. It won't be pleasant" in 2021 and "Mark Carney Was the World’s Rock-Star Banker. Now He’s Ready for His Encore" earlier that year.
Of course, in their March 1932 issue the folks at the Atlantic magazine referred to another guy as a man of destiny: "Hitler and Hitlerism: A Man of Destiny". That was a year before the Reichstag Fire Decree and the subsequent Enabling Act., so maybe I shouldn't be envious of that one. "The world's rock-star blogger" might work though.
From Reuters, March 7:
OTTAWA, March 7 (Reuters) - Mark Carney, the front-runner to become Canada's new prime minister, is a two-time central banker and crisis fighter who may soon face his biggest challenge of all: steering Canada through Donald Trump's tariffs.The Liberals will announce Justin Trudeau's successor on Sunday after party members vote in a nominating contest. Trudeau resigned in January, facing low approval ratings after nearly a decade in office.The 59-year-old Carney is a political outsider who has never held office, which would in normal times have killed his candidacy in Canada. But distance from Trudeau and a high-profile banking career played to his advantage, and Carney argues he is the only person prepared to handle Trump."I know how to manage crises ... in a situation like this, you need experience in terms of crisis management, you need negotiating skills," Carney said during a leadership debate late last month.Carney was born in Fort Smith in the remote Northwest Territories. He attended Harvard where he played college level ice hockey, starring as a goalkeeper.Carney, who has the most party endorsements and the most money raised among the four Liberal candidates, would be the first person to become Canadian prime minister without being a legislator and also having had no cabinet experience.He argues Canada must fight Trump's tariffs with dollar for dollar retaliation and diversify trading relations in the medium term.In the next election, which must be held by October 20, the Liberals will face off against the official opposition Conservatives, whose leader Pierre Poilievre is a career politician with little international exposure.By contrast, Carney is a globetrotter who spent 13 years at Goldman Sachs before being named deputy governor of the Bank of Canada in 2003. He left in November 2004 for a top finance ministry job and returned to become governor of the central bank in 2008 at the age of just 42.
POACHED BY THE BANK OF ENGLAND
Carney won praise for his handling of the financial crisis, when he created new emergency loan facilities and gave unusually explicit guidance on keeping rates at record low levels for a specific period of time.
Even at that stage, rumors swirled that he would seek a career in politics with the Liberals, prompting him to respond with a prickliness that is still sometimes evident."Why don't I become a circus clown?" he told a reporter in 2012 when asked about possible political ambitions.The Bank of England was impressed enough though to poach him in 2013, making him the first non-British governor in the central bank's three-century history, and the first person to ever head two G7 central banks. Britain's finance minister at the time, George Osborne, called Carney the "outstanding central bank governor of his generation".Carney, though, had a challenging time, forced to face zero inflation and the political chaos of Brexit.He struggled to deploy his trademark policy of signaling the likely path of interest rates. The bank said its guidance came with caveats but media often interpreted it as more of a guarantee, with Labour legislator Pat McFadden dubbing the bank under Carney as an "unreliable boyfriend."....
....MUCH MORE
Hmmm, on second thought, maybe not all the best titles.
