They called for a process to ensure that when the warning lights flashed yellow, the country in question would be compelled to correct its policies.

Then those extraordinary eyes twinkled, his usually very solemn face would break into a huge smile and he would chuckle. He had a look of Nelson Mandela about him.

And all three of these prices are flashing green, signaling that markets would prefer government debt to grow at a faster pace than current forecasts indicate.

There are flash points in India and Pakistan, in the Middle East, in North Korea, other places where the use of nuclear weapons, while initially locally, could very rapidly go into a situation where we'd be facing all out nuclear war.

But it is clear that they have not tried enough the stop signal of unanchored inflation expectations, accelerating price growth, and spiking long term interest rates all of which tell us that we have reached the structural and expectational limits of expansionary policy has not yet been flashed.