I don’t think there’s a more battle-hardened veteran anywhere than Larry Summers. Roger Altman Read Quote
Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on. Roger Altman Read Quote
Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully. Roger Altman Read Quote
China is beginning to act more like a world citizen. We need China to be more active on the world stage. For example, we should want China to be a bigger participant and a bigger shareholder in the IMF. We should want it to be an even more active participant in the G8 and G20. Roger Altman Read Quote
As we all know, the budget decisions which give rise to increased debt are what counts, and the debt is just a by-product of those budget decisions. Roger Altman Read Quote
There are a lot of anachronisms in Washington, but the need to periodically raise the debt limit by Congressional vote is certainly one of them. Roger Altman Read Quote
The more Mr. Putin extends the fighting in eastern Ukraine, the more the financial markets will ratchet up their own pressure on Russia. Roger Altman Read Quote
Many Russia experts note the deep and sad capacity of the Russian people for suffering. Roger Altman Read Quote
Russia’s oil fields are mature and require capital and Western technology even to keep production flat. Roger Altman Read Quote
The financial and economic crash of 2008, the worst in over 75 years, is a major geopolitical setback for the United States and Europe. Roger Altman Read Quote