Recent posts

Tomorrow Greece votes

July 4th, 2015

Tomorrow Greece votes. No one can know the outcome yet. Indeed, my bet is that a third of the voters are not yet sure how they will vote. If polls could not get the British election right, I doubt that they can get this one right. Anything can happen, and it would not surprise me if the vote is a landslide, one way or the other. continue

Both sides may get more of what they fear

June 25th, 2015

In an interview with Charlie Rose on June 24, 2015 to discuss the debt crisis in Greece, Summers said, “Both sides are going to get more of what they fear if they aren’t able to reach a deal.” continue

A setback to American leadership on trade

June 17th, 2015

Summers talks about TPP and international economic diplomacy with CNBC’s Squawk on the Street on June 15, 2015.  Summers calls Congress’ action “bad geopolitics.” continue