That she is maybe one of the best political people in washington. Her father was the publisher of Time Magazine in its heyday and ambassador to austria. Henry married louise gruenwald and is one of the last so just when you think you know everybody in new york, you dont she is it. Mandy ran all the media for his Elizabeth Warren and tammy baldwin. The firsttime president ial so you need to understand she is amazing. Incredible, fabulous. Its a nice small room. Hey, undersecretary. Well done. Congratulations. Are you enjoying at . Its fun, yeah. Its hard. Is the work hard . No. I mean technically its okay but everyone is super smart so id have to do my problems and then work on the board. I get it. I get it. At the same time im trying to represent everybodys equity. Actually that was good training. Im just saying thats the best it was so personal and when everyone is a democrat and you agree on everything except with little gradations its all process personality. In the state its tribal
So i would hope to see more of that going forward. At the time of the formation of the euro, the threetier euro was considered but not adopted. And an unfortunate result of this has been the mediterranean countries so largely dependent on tourism has become they are really not competitive. Is it time to reconsider the threetier euro in that important affair would be a very substantial devaluation of the mediterranean countries, and that should result in job growth, Economic Growth simply from increased tourism . I think its fair to say that historically, i talk about latin america, and als also about the Asian Financial crisis, korea, as an example, indonesia also, is that one of the great age they had was the ability to devalue. And what do we have . We have euro at one of its strong points today, which is one of the reasons why im an advocate for the European Central bank to drop Interest Rates which i think will push the euro lower and help on exports. I think it always hangs out th
Said i think hes telling me to trust myself. Um, and, you know, follow the gleam of light in your own mind from within, etc. , etc. , etc. It seems to me that cuts through a lot of this stuff weve been talking about and hearing about this weekend in the sense that, you know, when all else fails, we can take these writers straight. Its an extreme remedy, but it is possible, yeah. [laughter] they do talk to you. Thank you. One more . [applause] one more. This is the most moving lecture ive heard. For some reason it just pushed the right button. Im one and ive read all the books that you suggested, but i read them as a teenager as you did, certainly am going to go read them again. Do you have any other wonderful suggestions of books we should read . [laughter] well, if you havent read them all again, read my wifes books again, annie dillard. American childhood [applause] [inaudible] nice. Thank you. [applause] visit booktv. Org to watch any of the programs you see here online. Type the au
We have euro at one of its strong points today, which is one of the reasons why im an advocate for the European Central bank to drop Interest Rates which i think will push the euro lower and help on exports. I think it always hangs out there. Thats the biggest argument, like greece, should leave the euro. Because their currency is misaligned for a country like greece. I do not see that youre going to have a twotiered or three tiered system. I think if you really are going to have a new alignment, it will be some members will be there and others wont. And so i think what is important though, and more and more i think the politicians are raising this, policymakers also in brussels, the bureaucracy, you cannot just wipe it out with a story posterity did you got to plans for growth. That was just a message i took to portugal when i was there. In june last year. Because if you dont show that there is growth potential, and i should say portugal has increased substantially, but you need to ha