Comments on: It’s time for the IMF to step up in Europe http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/ Sat, 21 Jun 2014 15:30:06 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ato http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-458 Sat, 21 Jan 2012 11:32:05 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-458 Keynesian Economics – Failing since 1936

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By: billatl3 http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-351 Wed, 04 Jan 2012 17:08:11 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-351 ATTENTION REUTERS

love your site! been reading for years!

HOWEVER if i see one more article by summers im going to take that as a slap in the face. im going to acknowledge that you don’t read your own articles or at the very least read the comments from your own readers.

If you did you would realize that reuters carrying a summers article does nothing but offend your readers.

Please stop posting his dribble and please tell us your not actually paying this idiot

someone please buy summers a clue

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By: retired_sandman http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-347 Sun, 18 Dec 2011 06:38:49 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-347 Summers failed as a treasury secretary, was instrumental in deepening the 2008 recession in the Obama administration and then got himself fired as president of Harvard. If the man said the sky is blue, I’d immediately run outside to make sure it hadn’t turned green. Why anybody would listen to him except as a contrarian indicator or observe him as a negative role model is beyond me.

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By: warwilder http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-346 Sun, 18 Dec 2011 00:02:37 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-346 Summers is an idiot. Going back to the failed policies he foisted druing the Latin American and Mexican debt crisis. I pray he will retire and allow our children a brighter future.

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By: david4021 http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-343 Thu, 15 Dec 2011 12:48:17 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-343 To: ofilha : “Is this the same Summers that was afraid of a trillion dollar bail out and instead selected a smaller bailout that was ineffective and just prolonged the mess we are in the US? Another profile in lack of courage and vision. The stamp of this administration. Half steps on everything.”

Are you kidding me, this idiot was the same one who supported wasting nearly a trillion taxpayer dollars on that failed stimulus not because it was too small but because Keynesian economics never works.

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By: david4021 http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-342 Thu, 15 Dec 2011 12:45:19 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-342 This is great know we have – Larry ‘oops we spent a trillion dollars and it didnt work I guess I better quit and get back to academia’ Summers talking about the need for more US Tax Dollars – this time to bail out another failed socialist government.
Really the gall of these people!

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By: Bob9999 http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-340 Mon, 12 Dec 2011 22:26:46 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-340 Certainly, the IMF does not have the resources to fix Europe on its own. And it is a serious question how much risk the IMF should permit itself to take on in respect of the euro, given the difficulties being experienced by the euro zoners themselves. Only the euro zoners have complete access to information about how far they are willing to go to save the euro. Those outside the euro (e.g., the IMF, the UK, the US) have less access to information about what the euro zoners are willing to do (except that we know that the euro zoners are having difficulty with promptness of action). That uncertainty makes it more difficult for those outside the euro zone (which includes the IMF and its financial backers) to justify taking on a lot of euro-related risk. The downside to a euro disaster is potentially a lot greater than the downside to a disaster involving a random developing nation (even one with a substantial industrial base). It is not clear that an IMF which became extremely invested in the euro could avoid being capsized if the worst-possible storm actually hit.

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By: Intriped http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-339 Mon, 12 Dec 2011 17:04:29 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-339 So I get it, now the IMF will bail out currencies as well as developing nations. What a scam!

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By: ofilha http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-338 Mon, 12 Dec 2011 16:05:21 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-338 Is this the same Summers that was afraid of a trillion dollar bail out and instead selected a smaller bailout that was ineffective and just prolonged the mess we are in the US? Another profile in lack of courage and vision. The stamp of this administration. Half steps on everything.

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By: billatl3 http://blogs.reuters.com/lawrencesummers/2011/12/08/its-time-for-the-imf-to-step-up-in-europe/#comment-337 Mon, 12 Dec 2011 15:56:52 +0000 http://blogs.reuters.com/lawrencesummers/?p=120#comment-337 Larry Summers,

Judging by your track record below i think its not all that crazy of an idea for one to think that its not possible for (A) any human being to know less about economics than you and (B) that no human being has caused more damage to this country than yourself from being both greedy and generally uneducated….regardless of where you went to school or how long you went there. If you are unable to provide a postive result from your educational efforts it was all for nothing. and belive me sir your efforts were all for nothing.

source: http://en.wikipedia.org/wiki/Lawrence_Su mmers

Larry Summers on OTC derivatives trading and repelling the Glass–Steagall Act. in 1998
Heres what he said about banks being responsible
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“”the parties to these kinds of contract are largely sophisticated financial institutions that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvencies.”
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Larry Summers on lifting commercial banking restrictions in 1999 “”Today Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century,”

Larry Summers in denial of his own destructive policy
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When George Stephanopoulos asked Summers about the financial crisis in an ABC interview on March 15, 2009, Summers replied that “there are a lot of terrible things that have happened in the last eighteen months, but what’s happened at A.I.G. … the way it was not regulated, the way no one was watching … is outrageous.”
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