"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."

Timothy Geithner, American Public Servant

Lie, Crisis, Responsibility, states

12

Create Your Own Wallpaper

Standard

Customized

"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."

Exlpore more Lie quotes

"There is nothing we like to communicate to others as much as the seal of secrecy together with what lies under it."

Friedrich Nietzsche, German Philosopher

Lie, Lies, Nothing, Secrecy

"Sin has many tools, but a lie is the handle which fits them all."

Edmund Burke, Irish Statesman

Lie, Sin, Tools

"A lie has no leg, but a scandal has wings."

Thomas Fuller, English Clergyman

Lie, Scandal

"I do myself a greater injury in lying than I do him of whom I tell a lie."

Michel de Montaigne, French Philosopher

Lie, Injury, Lying

"The most common lie is that which one lies to himself; lying to others is relatively an exception."

Friedrich Nietzsche, German Philosopher

Lie, Lies, Lying

"Sanity is a cozy lie."

Susan Sontag, American Author

Lie, Sanity

"They always say that jazz doesn't sell, but it's a lie, because it does sell, and it sells consistently year in and year out."

Lester Bowie, American Musician

Lie, Jazz

"I should like to lie at your feet and die in your arms."

Voltaire, French Writer

Lie, Feet

"I don't think the news department will have to lie down and play dead like it has in the past. By and large the network has been understanding, but then so have I."

Roone Arledge, American Journalist

Lie, Network, News, Past

"As you make your bed, so you must lie in it."

Daniel J. Boorstin, American Historian

Lie, Bed

Explore more quotes by Timothy Geithner

"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."

Finance, Financial, Living, Now, World

"The choice is between which mistake is easier to correct: underdoing it or overdoing it."

Mistake, Choice

"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."

Peace, War, Judgment, Stability

"Financial crises require governments."

Finance, Financial

"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it."

People, Strategy, America, Country

"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."

Finance, Financial, Banks, May, Risk

"Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system."

Finance, Financial, Crisis, Past

"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."

Quality, Policy, Achievement, Income

"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."

Choice, Choices

"The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting."

End, Will