The Government Can Help, But We Need

As Financial Markets Continue To Broaden And Deepen, The Behavior Of Asset Prices Will Play An Important Role In The Formulation Of Monetary Policy Going Forward, Perhaps A More Important Role Than In The Past.

Financial Crises Require Governments.

We Believe In A Strong Dollar. Chinese Financial Assets Are Very Safe.

Looking Past The Immediate Crisis, A More Resilient System Must Be Built On Stronger And Better Designed Shock Absorbers, Both In The Major Institutions And In The Infrastructure Of The Financial System.

The Plausible Outcomes Range From The Gradual And Benign To The More Precipitous And Damaging.