I think Carneys' Davos speech was "Bismarckian" in the terms a a clear eyed view of what the right wing swing in the US and globally has done. The authors comments lament for a time when rational leadership came out of washington. Those days are gone. I don't like Canada being on the "menu". I think the bank as proposed is one response that pools resources and builds coalitions with other countries. What's more Canadian than that. Agreed legitimate concerns about transparency etc need to be addressed, but the direction and goal is the right one