What should leaders know about avoiding the next collapse? Not to get too comfortable, according to former US Treasury Secretary Timothy Geithner.
Geithner stopped by the Big Think studio to talk about his memoir, Stress Test: Reflections on Financial Crisis. It's more than just his personal story of how he came to be in the center of a financial meltdown. He shares essential insights into how governments can avoid the next economic collapse.
“The most damaging thing was the power of that simple belief that because the world had been relatively stable, it would be stable in the future,” he says. Today's big idea explores what we've learned, how to make good decisions in the "darkness of a panic," and where our economy is headed.