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behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything.

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This is Bloomberg surveillance.

Innovation is something which by its nature cannot be forecast. If you could

forecast it, it wouldn't be innovation. We think that people have leapfrogged

what is reasonable into excessive worry.

We took some major fiscal steps to expand the economy in 2009.

We followed up with several more.

But those ended prematurely.

Bloomberg surveillance, your link to the world of economics, finance and investment on

Bloomberg Radio.

Good morning, I'm Michael McKee, along with Tom Keen.

It is 7 a.m. on Wall Street, 7.m. in Tokyo where the Bank of Japan is in the

middle of a two-day meeting. Imagine most of the world's Central Bank's meeting at

the same time. What would you call it? We'd call that this week.

Monetary policy being made in the US, Tom, UK, Japan, Switzerland, Norway, South Africa, and

Russia along with some other emerging market.

Only you would have that whole list of names.

And on top of that, political risk.

The German elections yesterday followed by a big day at the polls in the US tomorrow.

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