Keyword: shutdownoilrigs

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  • Tim Geithner Warns: The US Is At Risk Of A 1930s Repeat

    09/12/2010 10:53:34 PM PDT · by blam · 66 replies
    The Business Insider ^ | 9-13-2010 | Joe Weisenthal
    Tim Geithner Warns: The US Is At Risk Of A 1930s Repeat Joe Weisenthal Sep. 12, 2010, 9:11 PM If the government become paralyzed -- as is arguably the case already, and is clearly a serious risk should the GOP take over -- the US risks a 1930s-like scenario. At least according to Tim Geithner. That's the standout quote from an interview in the WSJ: [The] typical error most countries make coming out of a financial crisis is they shift too quickly to premature restraint. You saw that in the United States in the 30s, you saw that in Japan...