And, we all have to make the financial system much more resilient in the medium- and long-term with a management of the transition that would permit not to hamper the present recovery. In any case we cannot afford to be twice in such a dramatic situation at the global level.
I trust profoundly that our democracies will not accept twice to put between 25% and 30% of GDP of taxpayer risk on the table to sustain the financial sector. We have an absolute obligation to make the system much more solid.