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Fmr. U.S. Secretary of State Dr. Henry Kissinger on the need to avoid further debt crises like the ones facing countries such as Greece right now.
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-- monitor everything now the former secretary of state of these United States Henry Kissinger.
Doctor Kissinger is best selling book on China.
Which you would get into -- just.
A bit is all the rage all the talk right now or Amazon buttons on doctor Kissinger could have -- you.
Pleasure to be it over the years you and I talked we've always gotten back to.
How economic crisis -- common.
-- big crisis period.
And I'm looking at Greece secretary and everywhere else.
Are we facing like another 2008.
About.
But -- -- it's an economic threat to us.
But also to political structure of futile.
And -- relationship of the -- -- To the real economy and bit of the you know -- -- to stay and within the European don't know whether some of these countries -- have breakaway.
And thereby.
Bring about a total -- to him and calculations.
So.
It doesn't have to be and I'd sing -- at the end of today.
Everybody realizes that they Greek people know under conditions in which.
Countries wouldn't do -- what's needed to have good -- media program.
Would have to grave consequences.
But -- probably been I have to -- -- prep him again 23 years down the road.
And so gifted -- -- -- avoided just which I expected to be.
The really should get to a to a -- did to avoid a repetition of -- could -- it could open again.
You know and I'm wondering secretary of Greece is just the more glaring.
Example I mean already today as I stated.
Moody's.
It has been threatening to downgrade.
Our credit outlook if we don't get this debt ceiling thing resolved but what what is that is what is your.
Biggest fear.
Fundamentally.
We have to get out that dip -- himself.
I'd like reads we have more time.
But until we have to see you good.
And if we don't step dealing with it -- I would I would say -- almost immediately.
We are going to be in the puts additional declining confidence.
It's good to groups that -- -- live -- more and more difficult solution.
And to be extended the united -- -- quiet for the health of its financial system.
And due to be -- -- worried about competition from -- part of the -- It's competitive if we get to Luke and and I don't and and get I don't -- -- -- --
