“The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.” WarCountryStatesLevelsUnitedUnited StatesCaughtProsperityProtectionAcceptedRecoveryPostsOpennessCaught UpPost War Author:Lawrence Summers
“It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today. Our prosperity is linked inextricably to the maintenance of a strong world economy, an open international trading system, and stable global financial markets.” WorldSaidTodayUsedStrongEconomyColdOppositesFinancialInternationalCaughtProsperityUsed To BeStableLinkedTradingMaintenanceFinancial MarketsWorld Economy Author:Lawrence Summers
“It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.” WorldSaidTodayUsedColdOppositesCaughtUsed To BeCold Heart Author:Lawrence Summers
