It says something about this new global economy that USA…

“It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.”

Lawrence Summers

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The global economy’s interdependence is evident in daily coverage of Asian market events.

In simple terms: World markets are tightly linked.

Key Takeaway

Stay informed on international trends.

Themes

economics globalization finance

Mood

analytical concerned

Type

informative strategic

When to use this quote

Investing
policy analysis
business strategy

Key Concepts

Interdependence market volatility

Questions to Reflect On

How does Asian market activity affect your investments?
What risks arise from global economic ties?

A Different Perspective

Focus on one region can miss broader patterns.

★ ★ ★ ★ ★ No ratings yet

Asian Economics Economy Events Every morning Global economy Investing Morning Reports Today Usa

More by Lawrence Summers

Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I…

Lawrence Summers

I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role…

Lawrence Summers

A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then…

Lawrence Summers

In the history of the world, no one has ever washed a rented car.

Lawrence Summers

I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up…

Lawrence Summers

There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those…

Lawrence Summers

I have always thought that underpopulated countries in Africa are vastly underpolluted.

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…

Lawrence Summers

But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained…

Lawrence Summers

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

Lawrence Summers

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…

Lawrence Summers

One of those disturbing tendencies in academic life is that there is a desire on the part of many in the name of open-mindedness…

Lawrence Summers

As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.

Lawrence Summers

Investment in girls' education may well be the highest-return investment available in the developing world.

Lawrence Summers

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.

Lawrence Summers

Explore all 38 Lawrence Summers quotes

More Asian quotes

I think I am against stereotype. Generally, Asian guys are more quiet - they study and have a good work ethic. Generally, I have…

Bobby Lee

I am tired of our characters being so incomplete. When do we ever save the day in a film? When does a Latino actor…

Esai Morales

If you do a black character or a female character or an Asian character, then they aren't just that character. They represent that race…

Dwayne McDuffie

When I made it, I still didn't wave the flag and say, Yeah go Asian people. I do want people to know that about…

Chad Hugo

I felt pretty good growing up. I didnt feel a lot of prejudice or racism. But I do remember, if there was going to…

David Henry Hwang

When you are in America, at least for me, as an immigrant, I try to be as Americanized as I could. I just want…

Jimmy O. Yang

I always tell Asian actors, especially Filipinos wanting to break into Hollywood, to study, study and study and show their best. I haven't stopped…

Reggie Lee

The narrative needs to change. Asian-American actresses don't want to be the damsels in distress anymore. We don't want to be saved, especially by…

Jamie Chung

It's always fun to see faces that are either familiar or resemble yours. I was fascinated by movies like 'Big Trouble in Little China'…

Ng Chin Han

In view of China's growing military strength and intentions, the best way to safeguard Asia's permanent peace and prosperity is to have all Asian…

Jim Costa

I think Li Na and some other Chinese ladies have done so many amazing things for Asian tennis.

Kei Nishikori

I don't want to have people brought in simply because they are black or Asian.

Trevor Phillips

We grew up in rural Arkansas without any Koreans close by, and when I go to Korea feel out of place.

Lee Isaac Chung

I've been lucky to come up when there's such a huge explosion of women, and especially Asian women, in music.

Michelle Zauner

I knew I was half Chinese, but Iceland is so homogenous that I wasn't able to identify with the Asian part of myself. Even…

Laufey

Browse all 1,157 Asian quotes

It says something about this new global economy that USA…

About This Quote

Related quotes

More by Lawrence Summers

More Asian quotes