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.
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Nationality: American Type: Public Servant Born: August 18, 1961 |
“I think my mother... made it clear that you have to live life by your own terms and you have to not worry about what other people think and you have to have the courage to do the unexpected.”