Your English writing platform
Discover LudwigExact(60)
Dead Man's Shoes, the eviscerating 2004 revenge drama that he co-wrote, may still be his calling card, but he long ago proved his versatility with comic performances in Edgar Wright and Simon Pegg's Hot Fuzz and The World's End, and, respectively, understated and then wildly overstated roles in Richard Ayoade's Submarine and The Double.
Although the BIS says 80-90% is "grossly overstated" (it won't disclose the actual number), nobody denies that the BCRA has a lot more of its money there than its peers do.A Swiss court sided with the hedge funds, which had sued under a debt-collection law, but was overruled by an appeals court on a technicality.
It looks like the world is now being reminded that catching up is hard to do.Dani Rodrik, who was ahead of the game in anticipating the return of slower emerging-market growth, points out that the end of rapid convergence need not mean the return of divergence:It's also interesting to see how the bounce back from a former, overstated conventional wisdom generates its own exaggerations.
For example, many economists suspect that the growth in America's GDP, and hence its labour productivity, is overstated relative to Europe's because American statisticians make a much bigger adjustment for improvements in the quality of goods, notably computers.
Unsurprisingly, Japan's deflationary spell is expected to persist.While the euro area's two other big economies founder, France's grew by 1% over the previous quarter at an annual rate.Mighty fineWorldCom agreed to pay $500m, America's biggest corporate fine, to settle charges that it had overstated profits by $11 billion since 1999.
If the equity premium is overstated, managers may be overlooking profitable investments, from new factories to drug research to investments in poor countries.Over the past century, newspapers have given repeated warnings about shares' lofty prices.
Some economists reckon that America's growth may be further overstated, compared with Europe's, thanks to differing statistical methods.
It went so far as to note its concern over commercial income – the fees paid by suppliers for Tesco giving their products prominence within their stores, and the income overstated in August by the supermarket chain.
Such reports, he said, are "vastly overstated".
But with telecoms in a slump, there may not be many buyers.Xerox restated its accounts in June because the office-equipment company said that a so-called "misapplication of GAAP" (generally accepted accounting standards) overstated its profits by $1.4 billion over five years.
She knows little about economics and, even when Mr Campos was on the ticket, the PSB team looked sparse.Then again, the benefits of experience can be overstated.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com