"With uncertainty in oil markets, a buildup of speculative pressures and the large U.S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested."

Lawrence Summers Economics See all quotes by Lawrence Summers →

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“Things take longer to happen than you think they will and then they happen faster than you think they will.”

“Summers' Harvard Kennedy School page”

“Summers bio from U.S. Treasury Dept.”

“I deeply regret the impact of my comments and apologise for not having weighed them more carefully … I was wrong to have spoken in a way that has resulted in an unintended signal of discouragement to talented girls and women.”

“No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax rates are, indeed, terribly destructive.”

“The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a soft landing and a period of growth and price stability.”

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