Word: volckerã
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Dates: during 2007-2007
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...form of a more cooperative and powerful international government. “That government neither exists now, nor is it likely in my lifetime,” said Volcker. Given recent events in the financial markets and the subprime lending crisis, some in the audience wanted to hear Volcker??s opinions on the American economy. But Volcker was reluctant to comment directly on domestic issues, though he wasn’t beyond dropping hints. “We have been spending more in this country than we can afford,” he said...