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Lawrence Summers Quotes: Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
         

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.


Lawrence Summers
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Other quotes of Lawrence Summers


It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.



The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.



Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.



In the history of the world, no one has ever washed a rented car.

In the history of the world, no one has ever washed a rented car.



All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?



A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.

A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.



The availability of private insurance provides tremendous insulation for millions of individuals

The availability of private insurance provides tremendous insulation for millions of individuals



Most investors want to do today what they should have done yesterday.

Most investors want to do today what they should have done yesterday.



The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.



The only antidote to dangerous ideas is strong alternatives vigorously advocated.

The only antidote to dangerous ideas is strong alternatives vigorously advocated.





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No matter where we come from, a little sugar is what everybody demands in life, what everybody needs in life. It's perhaps the main ingredient that keeps us alive.

No matter where we come from, a little sugar is what everybody demands in life, what everybody needs in life. It's perhaps the main ingredient that keeps us alive.



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Love can't do it all without feelings.



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I put my forehead on his collarbone, place one hand on his chest. Its rhythm reassures me: He is real, and he is now.



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The loss of enemies does not compensate for the loss of friends.



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If we want to fully experience love and belonging, we must believe that we are worthy of love and belonging.



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To the biologist the problem of socialism appears largely as a problem of size.



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People who can't be alone have a problem. Loneliness is a luxury for people like me.



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America Held Hostage won 24 Emmys for ABC News, but someone forgot to include my name on the list of people responsible for the show.



I have had almost every job under the sun, it feels like. One of the first jobs I took was as a door-to-door pest control salesman in Raleigh, North Carolina.

I have had almost every job under the sun, it feels like. One of the first jobs I took was as a door-to-door pest control salesman in Raleigh, North Carolina.




Quote Description


This page presents the quote "Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.". Author of this quote is Lawrence Summers. This quote is about financial crisis, speculators, blame, response, greek, investing,.