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Bank of Canada Governor Mark Carney
Bank of Canada Governor Mark Carney
(MIKE CASSESE/REUTERS)

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Carney moves from relative calm to crisis

Firefighters go where the fires are.

So Bank of Canada Governor Mark Carney is leaving his current job, where he assures us there are no pressing conflagrations, for London and the role of head of the Bank of England, where there are plenty. As citizens of what the crisis of 2007-08 taught us is truly a global financial system, we ought to want our best people where the problems are.