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It is appalling and it has happened almost as a deliberate act of policy which makes it even worse.Former Bank of England Governor Lord Mervyn King is continuing his vocal criticism of Europe, claiming Greece's current economic, social, and political crises have been created "almost as a deliberate act of policy." The Telegraph reports that Lord King, who was Governor of the Bank of England between 20, made the comments at a launch event for his new book, "The End of Alchemy", at the London School of Economics.The Telegraph quotes Lord King as saying: In the euro area, the countries in the periphery have nothing at all to offset austerity.She writes, “Instead, my take is Nadella is making good on what he said a year ago: That hardware at Microsoft, these days, has a supporting role.A web browser is a piece of software on your computer.