“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 H. Summers

David Ignatius (May 31, 2006) "Watching the Yellow Flags", The Washington Post, p. A19.
2000s

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "With uncertainty in oil markets, a buildup of speculative pressures and the large U. S. current account deficit, there …" by Lawrence H. Summers?

Lawrence H. Summers photo

Lawrence H. Summers 12

Former US Secretary of the Treasury 1954

Related quotes

“Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U. S. is now 45 percent socialist.”

Milton Friedman (1912–2006) American economist, statistician, and writer

Article "We Have Socialism, Q.E.D." http://www.sangam.org/taraki/articles/2006/11-25_Friedman_MGR.php?uid=2075 in The New York Times (31 December 1989)

“It can be argued that the U. S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

“The resolution of our current account deficit and household debt burdens does not strike me as overly worrisome, but that is certainly not the case for our fiscal deficit, which, according to the Congressional Budget Office, will rise significantly as the baby boomers start to retire in 2008. Our fiscal prospects are, in my judgment, a significant obstacle to long-term stability because the budget deficit is not readily subject to correction by market forces that stabilize other imbalances.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

March 10, 2005 http://www.federalreserve.gov/boarddocs/speeches/2005/20050310/default.htm.
2000s

“Systems are needed, for example for management, accounting, skill development and MIS to serve the needs of the working poor.”

Ela Bhatt (1933) founder of the Self-Employed Women's Association of India (SEWA)

Discussion with Ela Bhatt, Founder, Self-Employed Women's Association (SEWA)

“Crises feed uncertainty. And uncertainty affects behaviour, which feeds the crisis.”

Olivier Blanchard (1948) French economist

Economics focus: (Nearly) nothing to fear but fear itself (2009) https://www.economist.com/node/13021961/all-comments?page=1,

“… less real than such threats as a man with a gun, a woman with a knife, or a U. S. Senator with an idea.”

Dean Koontz book Brother Odd

Source: Brother Odd (2006), Chapter 38

“Managers who are skilled communicators may also be good at covering up real problems.”

Chris Argyris (1923–2013) American business theorist/Professor Emeritus/Harvard Business School/Thought Leader at Monitor Group

Chris Argyris (1986, p. 74) as cited in: Manoj S. Patankar et al. (2012) Safety Culture p. 10

“I have extensive management experience in crisis situations, accumulated experience, and knowledge in the security and defense system. I have experience in overcoming the economic crisis. The current dangers and the accumulated experience and knowledge practically coincide”

Robert Kocharyan (1954) second President of Armenia

Excerpts from 2021 keynote speech on formation of 'Armenia' alliance

“It's a tragedy what is happening, what Bush is doing. All Bush wants is Iraqi oil. There is no doubt that the U. S. is behaving badly. Why are they not seeking to confiscate weapons of mass destruction from their ally Israel? This is just an excuse to get Iraq’s oil.”

Nelson Mandela (1918–2013) President of South Africa, anti-apartheid activist

2000s, Iraq War speech (2003)

“Harry Dresden: The U. S. isn’t a perfect place, but it’s better than most people have managed to come up with. And all my stuff is there.”

Jim Butcher The Dresden Files

Source: The Dresden Files, Turn Coat (2009), Chapter 28

Related topics