As we saw in the years leading up to the current crisis, leverage tends to rise during economic expansions as investors and lenders forget their past mistakes and believe that prosperity will continue with no end in sight.
And at the same time, that suffering remained terribly, disconcertingly distant for someone who grew up in the far north of the country. The conversations I had made it clear that the suffering of long ago is far from over, that the fight is far from over. We therefore choose not only to apologise today.