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We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
Lawrence Summers
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"We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises."
— Lawrence Summers #moneywealth

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We are inheriting the worst financial system since the Depression. We're inheriting a situatio…

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We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises. — Lawrence Summers

About Lawrence Summers

Lawrence Summers was a Economist from United States (1954–present).

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Frequently Asked Questions

Who said "We are inheriting the worst financial system since the Depression. We're inheri…"?
This quote is attributed to Lawrence Summers, a Economist from United States.
When did Lawrence Summers live?
Lawrence Summers lived from 1954 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.