In 1989, Larry Summers Predicted Current Financial Crisis

IN 1934, the journalist Johannes Steel wrote a remarkably prescient book, "The Second World War," which described the social psychology that laid the groundwork for global tragedy. Mr. Steel was trying to peer into people's minds and infer their actual world views and motivations -- in part by examining prewar cycles of social provocation in Germany and Japan and Italy.

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  • Liberal economist Larry Summers issues frightening warning about inflation to Americans following Trump's election
    Summers, who was Treasury Secretary under Bill Clinton and also advised Barack Obama after 2008 financial crisis ... risk,' Summers said. He then predicted a potential disaster for a decision ...
    11/13/2024 - 1:38 pm | View Link
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