There is a basic lesson on financial crises that g...
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There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.
There is a basic lesson on financial crises that g... meanings
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Frequently Asked Questions (FAQ)
Who said "There is a basic lesson on financial crises that g... "?
"There is a basic lesson on financial crises that g... " is one of a famous quotes by Timothy Geithner. Complete quote is as follows;
"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy."
What is "There is a basic lesson on financial crises that g... "?
"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy." This is a quote by Timothy Geithner which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;
- After you're older, two things are possibly more important than any others: health and money.
What does "There is a basic lesson on financial crises that g... " mean?
This quote is primarily about money although it also includes other themes like . It is attributed to Timothy Geithner. Complete quote is as follows;
"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy."