Larry Summers Just Got Back From Mexico And They’re Laughing At Us Down There

********************* From Larry Summers blog over at FT I am returning from spending a day in Mexico City speaking with business and government leaders. Relative to my last visit to Mexico in March, leaders have moved from being appalled and alarmed by the Trump administration to being appalled and bemused. I suppose this is a kind of progress for the US, if not for the US president. It is not that they find Donald Trump’s rhetoric any more rational than they did a few months ago. But the

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One thought on “Larry Summers Just Got Back From Mexico And They’re Laughing At Us Down There”

The main thing that cannot end soon enough is Larry Summers – the father of negative interest rates and repeal of Glass-Steagall which led to the GFC. Even democrat Elizabeth Warren demonizes Summers for his leading role in that repeal and the GFC. Thankfully she ensured that total clown would never get near the Fed. But the foolish liberals in Canada consulted Summers which crashed the loonie by 50% in short order, creating a food price crisis in Canada ($10 cauliflower, $18 milk, $13 bread, $28 orange juice, $14 eggs etc). Mr Summers is about the most clueless, worst piece of work ever.