In 2005 Mr Trichet was boasting of the way that bondyields were moving in lock-stepacrosstheeurozone, ignoringthedifferent prospects of its constituent economies and feeding the creditboom.
They are gorgeous, bright-eyed, brilliant girls: one tall, one short, pant legs dragging, torn leggings, sneakers that glow in the dark or light up with each step, boomboomboom.
Many schools saw applications stagnate during the heady days of the late 90s dot-com boom, only for demand to soar when the bubble burst and budding tycoons decided they could safely step away from the business cauldron for a while to improve their skills.
Then, when inflation fell in the 1990s, they benefited again from a step jump in the value of their biggest asset as low interest rates stimulated a prolonged housing boom.