"We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises."

People, Financial, America, Depression

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"We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises."

Exlpore more People quotes

"I hope that people will finally come to realize that there is only one 'race' - the human race - and that we are all members of it."

Margaret Atwood, Canadian Novelist

People, Hope, Race, Will

"I'm not sure whay I've been drawn to this subject, except that murder is a subject that has always drawn people for as long as people have been telling stories."

Donna Tartt, American Novelist

People, Murder

"If you ask a hundred people, they all give you different answers."

Lenny Kravitz, American Musician

People, Answers

"You can be around 100 people and be completely alone. People don't realize what it's really like."

Lenny Kravitz, American Musician

People,

"In our leisure we reveal what kind of people we are."

Ovid, Roman Poet

People, Leisure

"With most people disbelief in a thing is founded on a blind belief in some other thing."

Georg C. Lichtenberg, German Physicist

People, Belief, Blind

"One-third of the people in the United States promote, while the other two-thirds provide."

Will Rogers, American Actor

People, states, United

"A writer is somebody for whom writing is more difficult than it is for other people."

Thomas Mann, German Writer

People, Writing

"It is by universal misunderstanding that all agree. For if, by ill luck, people understood each other, they would never agree."

Charles Baudelaire, French Poet

People, Luck

"In the beginning the Universe was created. This has made a lot of people very angry and been widely regarded as a bad move."

Douglas Adams, English Writer

People, Beginning, Universe

Explore more quotes by Larry Summers

"You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government."

Government

"The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness."

Time

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

Finance

"It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century."

Wrong

"Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us."

Time

"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."

Problems

"It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets."

Globalization

"In politics, as in poetry, it is sometimes true that it is darkest before dawn."

Poetry

"Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient."

Creativity

"It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today."

Globalization