Political Quotes

On the recordFebruary 23, 2009
The worst thing that could happen is if we don't get cooperation from Europe, from Asia.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke warns about the risks of inadequate global cooperation in financial recovery.

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It would be very concerning for financial markets and, I think, for the general public if the United States didn't pay its bills.

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an increasing share of losses have arisen from prime mortgages that were originally fully documented with significant downpayments, but have defaulted due to the weak economy and housing markets.

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monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems

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