You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.
More Quotes from Larry Summers:
I know the coaches that went (to Norfolk State) have good work ethic and they don't accept anything but perfection. They've had two weeks to prepare for this game, so we're looking for anything they can throw at us, trick plays and all.Larry Summers
In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.
Larry Summers
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Larry Summers
There probably won't be a chest bump, probably a handshake. I'm not mad or angry at Coach Pete because this is a business. Whenever the opportunity comes to improve yourself, you have to take advantage. There's no animosity towards Coach Pete.
Larry Summers
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
Larry Summers
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Based on Topics: Government QuotesBased on Keywords: relying
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In other words, by finding the anomalous event, what you do is you get out ahead of activities.
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