The definition of a financial crisis is that markets won't take risks that were otherwise economic.
Tim Geithner: “The definition of a financial crisis is that markets won't take risks that were otherwise economic.”
Editor's note · Context
Geithner explains the nature of a financial crisis and the need for government intervention.
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If Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.
You cannot govern a country if you commit never to raise taxes on anybody, because things change, wars happen, crises happen.
Absolutely. Yes, again, we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest Americans.
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