--- title: "Meaning & Key Takeaway of: It used to be said that when the U.S…" description: "\"It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.\" — Lawrence Summers" image: "https://sms4smile.com/quotes/i/f7d/lawrence-summers-16940_caught_it-used-to-be-said-that-when-the-u-s-sne_1473434.jpg" --- # It used to be said that when the U.S. sneezed, the world… ![“It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.” quote by Lawrence Summers](https://sms4smile.com/quotes/i/f7d/lawrence-summers-16940_caught_it-used-to-be-said-that-when-the-u-s-sne_1473434.jpg) [Download](https://sms4smile.com/quotes/i/f7d/lawrence-summers-16940_caught_it-used-to-be-said-that-when-the-u-s-sne_1473434.jpg) [Open image](https://sms4smile.com/quotes/i/f7d/lawrence-summers-16940_caught_it-used-to-be-said-that-when-the-u-s-sne_1473434.jpg) > “It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.” [Lawrence Summers](https://sms4smile.com/quotes/author/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. When US economic troubles spread, global markets suffer; now global issues affect the US. **In simple terms:** US economy influences world; world influences US. Key Takeaway Recognize interdependence. Themes economics globalization interdependence Mood concerned analytical Type observational analytical When to use this quote - investment decisions - policy making - risk assessment Key Concepts Macroeconomics Geopolitics Trade Finance Questions to Reflect On - How does your country depend on US markets? - What can mitigate global shocks? A Different Perspective Assumes uniform impact across regions. ★ ★ ★ ★ ★ No ratings yet [Cold](https://sms4smile.com/quotes/about/cold/) [Today](https://sms4smile.com/quotes/about/today/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [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…](https://sms4smile.com/quotes/lawrence-summers/it-used-to-be-said-that-when-the-u-s-sneezed-the-world-caught-a-cold/) [Lawrence Summers](https://sms4smile.com/quotes/author/lawrence-summers/) > [“Horace felt an overwhelming need to sneeze. He tried to smother the sound, but only succeeded in making it louder. Will looked up angrily,…](https://sms4smile.com/quotes/john-flanagan/horace-felt-an-overwhelming-need-to-sneeze-he-tried-to-smother-the/) [John Flanagan](https://sms4smile.com/quotes/author/john-flanagan/) > [“Horace felt an overwhelming need to sneeze. He tried to smother the sound, but only succeeded in making it louder. Will looked up angrily,…](https://sms4smile.com/quotes/john-flanagan/horace-felt-an-overwhelming-need-to-sneeze-he-tried-to-smother-the-2/) [John Flanagan](https://sms4smile.com/quotes/author/john-flanagan/) > [Will looked up angrily, shaking his head in disbelief. Will you shut up? he said tautly. Horace shrugged in apology. 'I'm sorry' he said,…](https://sms4smile.com/quotes/john-flanagan/will-looked-up-angrily-shaking-his-head-in-disbelief-will-you-shut-up/) [John Flanagan](https://sms4smile.com/quotes/author/john-flanagan/) > [They came out in a dim, damp basement - a generic sort of place, full of moulding boxes. 'You take me to the nicest…](https://sms4smile.com/quotes/rachel-caine/they-came-out-in-a-dim-damp-basement-a-generic-sort-of-place-full-of/) [Rachel Caine](https://sms4smile.com/quotes/author/rachel-caine/) > [I caught a cold and didn't have time to work on my autobiography.](https://sms4smile.com/quotes/julie-doucet/i-caught-a-cold-and-didn-t-have-time-to-work-on-my-autobiography/) [Julie Doucet](https://sms4smile.com/quotes/author/julie-doucet/) > [Has a woman who knew she was well-dressed ever caught a cold?](https://sms4smile.com/quotes/friedrich-nietzsche/has-a-woman-who-knew-she-was-well-dressed-ever-caught-a-cold/) [Friedrich Nietzsche](https://sms4smile.com/quotes/author/friedrich-nietzsche/) > [Just as I am not upset with somebody who has caught a cold, so too I am not upset with somebody who's caught the…](https://sms4smile.com/quotes/peter-boghossian/just-as-i-am-not-upset-with-somebody-who-has-caught-a-cold-so-too-i/) [Peter Boghossian](https://sms4smile.com/quotes/author/peter-boghossian/) > [“She had caught a cold and it made her voice huskier and more charming than ever and Gatsby was overwhelmingly aware of the youth…](https://sms4smile.com/quotes/f-scott-fitzgerald/she-had-caught-a-cold-and-it-made-her-voice-huskier-and-more-charming/) [F. 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No, not even when…](https://sms4smile.com/quotes/friedrich-nietzsche/contentment-preserves-one-from-catching-cold-has-a-woman-who-knew/) [Friedrich Nietzsche](https://sms4smile.com/quotes/author/friedrich-nietzsche/) > [If you think that you have caught a cold, call in a good doctor. Call in three good doctors and play bridge.](https://sms4smile.com/quotes/robert-benchley/if-you-think-that-you-have-caught-a-cold-call-in-a-good-doctor-call/) [Robert Benchley](https://sms4smile.com/quotes/author/robert-benchley/) > [“Have you caught cold?' 'It would appear so.' 'You could give it to Margaret,' Ramses suggested. 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Why not discourage bad things like pollution rather than good things like working?](https://sms4smile.com/quotes/lawrence-summers/all-taxes-discourage-something-why-not-discourage-bad-things-like/) [Lawrence Summers](https://sms4smile.com/quotes/author/lawrence-summers/) > [The United States basically accepted protection abroad as the price of post-war recovery. 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