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.
 |
Nationality: American Type: Public Servant Born: August 18, 1961 |
“You know, I feel that God isn't going to put something in front of me that I can't deal with.”
“As the director of an opera, it is my responsibility to unify the style of the particular performance, but one can certainly approach the piece from different points of view. That's what makes it interesting and keeps it alive.”