With uncertainty in oil markets, a buildup of speculative pressures and the large U. S. current account deficit, … - Lawrence Summers

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what sets wilderness apart in the modern day is not that it's dangerous (it's almost certainly safer than any town or road) or that it's solitary (you can, so they say, be alone in a crowded room) or full of exotic animals (there are more at the zoo). it's that five miles out in the woods you can't buy anything.

Lawrence Summers

With uncertainty in oil markets, a buildup of speculative pressures and the large U. S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested.

Buildup, Current, Oil, Possibility, Real, Skills

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As long as we keep our fundamentals strong. . . the dollar (and) U. S. borrowing costs will do just fine.

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THERE ARE IDIOTS. Look around.

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Where countries have been able to carry through on their reform commitments - as in Korea, Thailand and the Philippines - results are starting to come in the form of lower interest rates, new investment and increased growth.

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

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We must recognise that in an integrated world, trade cannot be divorced from other concerns. We need to promote free trade and serious global efforts with respect to common problems even as we support every nation's right to chart its own course.

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