The Bankwatch

Tracking the consumer evolution of financial services

Chrystia Freeland interviews Larry Summers

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For economic wonks here is a lengthy and broad interview this morning with Larry Summers.

He paints a positive picture that America has turned the corner, is producing jobs, and progressing well. 

On the question of stimulus versus consolidation, he makes the point that a country with growth has a greater chance of being in control of its own destiny.  He notes that non growth countries find it very hard to maintain a positive financial picture (alluding to Japan).

He talks specifically about the origins of G20 and how he and Paul Martin were the originals in setting that up.

Worth the listen.

Written by Colin Henderson

June 24, 2010 at 11:06

Posted in Uncategorized

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