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Jack Lew On Greek Default: Don't Think Failure Is Of No Consequence Outside Of Greece

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U.S. Treasury Secretary Jack Lew said in London Greece had to take "tough steps" to avoid there being an "unecessary crisis". Here are some excerpts of his ...

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Euronews Business Economy Finance Euronews Business Greece Greek crisis Grexit Jack Lew Greek Default Failure US United States U.S. Treasury Treasury Secretary London Speech Jack Lew speech London School of Economics bluejacket boater cadet diver jack-tar lascar marine mariner mate middy navigator pilot pirate salt seafarer seaman shipmate swab tar tarpaulin windjammer able-bodied sailor circumnavigator deck hand hearty midshipman\u002Fwoman old salt sea dog sea person shellback swabber swabbie water dog yachter hoist shove heave construct exalt hike mount pry erect jump elevate lift upraise establish lever uplift promote boost rear bring up hold up pull up put up set up take up throw up uprear upheave upcast lift up move up place up put on its end run up set upright stand up hurt depress drop decline fall lower demote decrease denounce condemn ruin raze destroy Jolly Roger black flag jack pirate ship flag skull and crossbones coin bread cash change chicken feed chips coinage copper currency doubloon dough gold legal tender meter money mintage money piece scratch silver small change specie bill dollar diddly anything diddly-squat doodly-squat iota nada naught ounce shred squat whit lot flag banderole banner bannerol burgee colors emblem ensign gonfalon pennon standard streamer flags advance upgrade reduce Jack clown coup lee lewd law lea lei leo low blew flew slew led leg let dew few hew mew new pew sew Lews clown coup Lew lew LEW L.E.W baffling impenetrable inconceivable mystifying opaque puzzling unfathomable unimaginable unintelligible Delphic beats me beyond comprehension clear as mud cryptic enigmatic fathomless incognizable inscrutable mysterious obscure perplexing sibylline unclear ungraspable unknowable believable clear comprehensible fathomable imaginable intelligible understandable incomprehensible illegible meaningless indecipherable vague ambiguous equivocal inarticulate incoherent indistinct jumbled muddled tenebrous uncertain unreadable inexplicit unexplicit meaningful decipherable classic academic attic bookish canonical humanistic Latin Hellenic Doric roman scholastic Ionic Grecian Augustan Homeric Virgilian belletristic canonic classicistic modern complicated classical uncomprehensible babble baloney gibberish gobbledygook hogwash malarkey mumbo jumbo nonsense rubbish hooey Choctaw hokum double Dutch blather tripe jabber bunk poppycock balderdash rot twaddle double-talk prating truth sense drivel Greek greek clown coup Greeks constraint embargo exclusion injunction prevention proscription restriction taboo veto bar interdict interdiction negation obstruction refusal repudiation temperance disallowance no-no off limits out of bounds allowance permission aid approval help clearance prohibition boycott censorship stoppage limitation suppression a thou-shalt-not sanction ban stricture anathema superstition inhibition forbiddance restraint disapproval regulation reservation law religious convention social convention thou-shalt-not release freedom lawlessness assistance ratification Don't clown coup dont assume consider determine expect feel guess judge realize see take understand comprehend conceive conclude credit deem envisage envision esteem estimate fancy feature foresee gather hold image imagine presume project reckon regard sense suppose surmise suspect vision visualize be convinced plan for disbelieve doubt fail ignore leave lose misunderstand neglect overlook reject dislike disregard hate know excogitate forget ponder resolve study appreciate reflect speculate examine ruminate brood deliberate cogitate analyze infer cerebrate mull evaluate muse reason meditate stew revolve rationalize deduce weigh appraise turn over figure out ideate have in mind intellectualize logicalize mull over sort out stop to consider take under consideration reminisce recall recollect call to mind apprehend absorb accept believe catch digest fathom get get the picture grasp have perceive read recognize think misinterpret miss exclude ascertain be afraid be inclined to think conjecture count upon divine fall for find get the idea have a hunch have sneaking suspicion hypothesize posit postulate predicate presuppose theorize let alone not do calculate prove abstain discard assumes maintain stop abandon distrust desert believed believes clown coup Thinks bankruptcy breakdown collapse decline defeat deficiency deterioration failing loss misstep abortion bomb botch bungle bust checkmate decay deficit downfall fiasco flop frustration implosion inadequacy lemon loser mess misadventure miscarriage nonperformance overthrow rout rupture stalemate stoppage turkey washout wreck false step faux pas flash in the pan lead balloon nonsuccess sinking ship total loss betterment improvement increase rise success win accomplishment benefit blessing continuation enough plenty triumph achievement achiever attainment earnings gain merit disappointment also-ran insolvent bankrupt dud moocher prodigal derelict incompetent beat deadbeat nobody loafer bum castaway good-for-nothing lumpy no-good has-been defaulter might-have-been underachiever born loser nonperformer hard worker Chapter 11 Chapter Eleven Chapter XI default failure insolvency receivership defeated player nonstarter unsuccessful candidate unsuccessful person attack access ailment bout convulsion disease fit illness paroxysm relapse seizure spasm spell stroke throe support retreat flight defense submission reprisal sustenance surrender shield shelter resistance protection aid health attacks defalcation destituteness destitution disaster exhaustion indebtedness indigence lack liquidation nonpayment overdraft pauperism privation repudiation ruin ruination wealth solvency richness basket case crackup disintegration disruption mishap nervous prostration neurasthenia neurosis psychasthenia Failure clown coup aftereffect aftermath effect fallout issue reaction repercussion end event follow-up outgrowth payback sequel sequence spin-off upshot waves bottom line can of worms chain reaction follow through cause origin source beginning commencement inception insignificance rise start unimportance worthlessness need magnitude value concern renown account momentousness exigency weight note pith moment reputation interest repute fame import signification honor portent weightiness triviality ill repute status standing dignity stature rank state position cachet distinction eminence prestige notability lowliness after-effect aftershock consequence followup hangover offshoot trail wake by-product fall-out result side effect spinoff certainty foregone conclusion inevitable result reality sure thing surety questionableness theory idea concept uncertainty hesitation doubt ambiguity conceit amour-propre arrogance complacence complacency immodesty narcissism outrecuidance pomposity pride self-admiration self-conceit self-exaltation self-importance self-love self-regard smugness snottiness stuffiness swagger swelled head vainglory vainness vanity timidity self-consciousness shyness meekness modesty humility concernment relevance significance significancy conclusion cease cessation close closure completion culmination denouement desistance development end of the line ending eventuality finale finish outcome payoff period stop termination windup wrap opening prelude preface initiation introduction consequences clown coup Consequences farther foreign out alfresco alien exterior extreme outdoor over surface apart from away from extramural extraneous farthest furthest open-air outer outermost outward central interior middle certain definite good inside internal likely sure far small off faint remote distant marginal negligible slender unlikely front covering outdoors appearance face skin facade sheath integument open open air seeming without topside indoors center character personality al fresco in the open air outside beyond above after ahead as well as at a distance before behind besides beyond the bounds clear of free of good way off hyper in addition to in advance of long way off more remote moreover on the far side on the other side out of range out of reach over and above over there past superior to yonder crust band bloom border caking coat concretion edge encrustation film hull incrustation layer rind scab shell verge core disinterested aloof candid casual dispassionate equitable even-handed impartial impersonal incurious indifferent just watching the clock lackadaisical negative neutral nonpartisan not giving a damn perfunctory unbiased unconcerned uncurious unprejudiced unselfish withdrawn passionate concerned involved feeling prejudiced partial interested subjective biased elsewhere abroad absent away formerly gone hence not here not present not under consideration otherwhere removed somewhere somewhere else subsequently exempt absolved beat the rap clear cleared discharged excepted excluded excused favored free immune let go let off liberated not liable not responsible not subject off the hook privileged released set apart spared special unbound unchecked unrestrained unrestricted unshackled void of walked responsible liable hindered answerable accountable prevented clown coup Outside grace creese grease grocer freeze greener greenie grieve geese greed greek green greet graze greeds greeks greens greets breeze greedy crease greasy grouse greece clown coup Greece urines erroneous ironies irons euros airiness eupneas murines errings renews crones drones erodes uranus emoneys erinyes thrones runes ruiners urine heroines baroness e moneys pureness re news sureness eons ones urns prunes arenas earns erose oners runners dear ones euro employment field trade work bag biz calling career craft dodge function game line livelihood occupation pursuit racket specialty vocation métier what one is into entertainment fun pastime amusement avocation hobby recreation surrender unemployment firm shop corporation partnership factory store venture house organization institution market cartel monopoly setup outfit syndicate mill trust establishment concern Mom and Pop fly-by-night operation megacorp shoestring operation transaction deal industry trading manufacturing selling exchange undertaking bargaining dealings traffic barter free enterprise affairs merchandising commercialism contracts sales industrialism buying and selling capital and labor problem issue interest duty task affair happening point assignment question topic matter responsibility lookout palaver subject hanky-panky beeswax carrying on goings-on irresponsibility action activity agility alacrity alertness animation ballgame big idea bit business bustle commotion dash energy enterprise flurry force functioning going haste hoopla hopper in the works life liveliness motion movement operation plan power process proposition reaction response rush scene spirit stir stunt trip turmoil vigor vim vitality vivacity rest yielding peace harmony slowness dullness stoppage inertia cessation indolence stiffness weakness stillness repose quiet calmness calm apathy lethargy laziness inaction inactivity idleness bargain arrangement bond compact contract convention covenant engagement negotiation pact pledge promise stipulation treaty understanding break misunderstanding disagreement rip-off art day gig gig handicraft hang lifework metier mission nine-to-five play province rat race slot swindle walk of life capital IRA cash estate finances financing fortune funds gold interests investment kitty means money nest egg principal property resources savings stake stock substance treasure ways and means wealth wherewithal small debt poverty clientele audience clientage clientry clients constituency cortege dependents following patronage patrons public regulars management ownership club baton billy blackjack bludgeon conk buster convincer cosh cudgel hammer hickory mace mallet nightstick persuader quarterstaff rosewood sap shill shillelagh staff swatter truncheon works Business clown coup recession abridgement austerity care carefulness caution curtailment cutback decrease deduction direction discretion husbandry layoff meanness miserliness moratorium niggardliness parsimony providence prudence reduction regulation restraint retrenchment rollback shrinkage stinginess supervision thrift thriftiness parcity sparingness addition carelessness disregard enlargement expansion extravagance imprudence increase indiscretion neglect negligence raise spending thoughtlessness squandering baldness bareness dourness economy plainness primitiveness rusticism severity simplicity spareness spartanism starkness unadornment luxuriousness elaborateness indulgence mildness meekness gentility calmness blandness brevity conciseness concision condensation crispness curtness ephemerality impermanence pithiness pointedness succinctness terseness transience transitoriness lengthiness permanence longevity conservation attention cherishing conservancy conserving control custody directing governing guardianship guarding keeping maintenance management managing preserval preserving protecting protection safeguarding safekeeping salvation saving stewardship storage supervising sustentation upkeep waste destruction ignorance cut decrement downsize fall lessening lowering praise nicety compliment abatement belt-tightening decline reversal dispensation administration plan scheme system veto denial disorganization Economy clown coup banking business commerce economics investment accounts money financial affairs money management underwrite subsidize support back fund bankroll sponsor promote guarantee float capitalize stake grubstake patronize juice endow bank go for loan shark lay on one pay for pick up the check pick up the tab prime the pump provide funds provide security put up money raise dough take call in hurt discourage reject refuse disapprove abet abide by advocate ally angel assist boost champion countenance encourage endorse favor finance give a boost give a leg up give a lift go to bat for sanction second side with stand behind stick by stick up for sustain uphold go forward advance halt oppose dissuade prevent protest thwart hinder currency bankrolled bread cabbage cash coin dollars dough funds mazuma scratch defray bear the cost chip in cover cost foot the bill pick up the bill settle defrayed clown coup Finance finance' financé erroneousness are business are in business begins business means business were in business know ones business know one's business greek gods gregarious crisscross crisscrosses grade crossings grade crossing crockeries requireses greengroceries regresses criss cross criss crosses regularizes cockcrows fire egresses greek requiresses bureaucracies are gracious catastrophe change confrontation crunch deadlock dilemma disaster emergency impasse mess pressure situation trouble climacteric climax contingency corner crossroad crux culmination embarrassment entanglement exigency extremity height imbroglio juncture necessity pass perplexity pickle pinch plight predicament puzzle quandary stew strait trauma trial urgency big trouble dire straits hot potato hour of decision moment of truth point of no return turning point agreement benefit blessing breakthrough calm good fortune good luck happiness miracle peace solution success wonder advantage boon certainty case context crisis event eventuality fact incident occurrence position problem state status cases circumstance Moira accident action adjunct affair article cause coincidence concern destiny detail doom element episode factor fate feature fortuity happening happenstance intervention item kismet lot matter occasion particular phase place point portion proviso respect scene stipulation supervention thing time plan whole critical stage decisive point head affray battle contest dispute encounter fight meeting set-to showdown strife contingencies break chance crossroads likelihood odds opportunity probability uncertainty zero hour truth surety definiteness unlikelihood reality misfortune bad luck improbability Crisis clown coup crises grist fire exit greyest crest crewcut greeks goriest recast gravest grayest greasiest greediest creakiest greenest groggiest go next crew cut crux graviest grimiest grodiest greased curest re cast crust grogs core city go rigid Grexit cackle cackler jackal hackle jacked jacket tackle cockle cackled cackles jackies jack jake jackals jacky crackle are at fault grateful were at fault regardful cradle vault gratefully greek delinquency nonpayment absence blemish blunder dearth defect deficiency dereliction disregard error fault imperfection inadequacy insufficiency lack lapse miss neglect offense omission overlooking oversight privation shortcoming slight transgression vice weakness wrongdoing abundance accuracy achievement adequacy advantage attention care correction enough excess obedience perfection plenty regard remembrance respect right strength strong point success sufficiency payment satisfaction evade welsh stiff repudiate skip bilk rat skate fail shirk dishonor defraud swindle welch leave town meet under arch put on the cuff run out on see in the alley skip out on pay finish succeed give meet face complete achieve accomplish Chapter 11 Chapter Eleven Chapter XI bankruptcy default failure insolvency receivership defalcation destituteness destitution disaster exhaustion indebtedness indigence liquidation loss overdraft pauperism repudiation ruin ruination wealth solvency richness win accomplishment exiguousness famine infrequency meagerness need paucity poverty rareness scantiness scantness shortage slim pickings sparsity uncommonness want plentifulness luxury deficiencies bug deficit demerit failing flaw frailty glitch inability to hack it insufficience scarcity sin superfluity faultlessness surplus arrears dead horse due bill dues in hock in the hole in the red red ink shortfall underage superfluousness Default America Columbia Land of Liberty New World U.S. U.S.A. US of A USA land of opportunity the States united states united stateses interstates understates inter states under states clown coup United States concerted consolidated cooperative homogeneous integrated linked unanimous undivided unified affiliated agreed allied assembled associated banded confederated conjugate incorporated pooled coadunate cognate collective concordant congruent conjoint conjunctive corporate federal hooked up in accord in cahoots joined up like-minded lined up of one mind of the same opinion one plugged in tied in unitary divided separate uncoordinated separated connected joined related united cohesive adhesive close-knit tenacious breakable crumbling unconnected disjointed friable loose detached aggregate collated combined common compiled concentrated cumulative gathered grouped heaped hoarded joint massed mutual shared disjoint unshared mingled mixed uncombined accepted coincident communal communistic community commutual congruous conjunct constant correspondent customary general generic in common intermutual like popular prevailing prevalent public reciprocal social socialistic universal usual well-known widespread superior sophisticated refined noble high rare private particular singular uncommon excellent cultured aristocratic valuable unusual scarce noteworthy infrequent extraordinary abnormal specific individual commonest United clown coup case accompaniment attitude capacity category chances character circumstance circumstances contingency element environment essential estate event eventuality fix footing form humor imperative juncture limitation mood nature occasion occurrence outlook pass phase plight position posture predicament prerequisite proviso reputation requirement shape situation spirits stand standing station status stipulation time welfare frame of mind state of affairs good fortune style pomp majesty glory rank cachet ceremony splendor stature consequence prestige display unimportance dullness insignificance land federation union community nation territory commonwealth sovereignty republic body politic expound describe give affirm explain express articulate say present put voice tell specify speak recite vent relate enumerate pronounce asseverate pitch utter enounce ventilate rehearse narrate aver elucidate deliver enunciate spiel propound recount report interpret air bring out come out with throw out set forth chime in give blow-by-blow give rundown question ask be quiet take confuse suppress mumble hide conceal listen withhold refrain misrepresent States clown coup state State America Columbia Land of Liberty New World U.S.A. US of A USA land of opportunity the States United States U.S. clown coup bank coffer exchequer archive bursar bursary cache chest damper depository exchange gallery hoard museum register repository safe storage store storehouse strongbox vault Fort Knox treasure house debt anthology album analect compendium compilation digest garland omnibus selection treasury archives athenaeum library office registry countinghouse credit union fund investment firm reserve reservoir savings stock stockpile thrift trust company accumulation assets drop drop joint drop-off hideout hiding place kitty nest egg plant shade stake stash supplies treasure wealth bin bureau cabinet carton case casket chiffonier commode crate pyxis receptacle reliquary trunk back treasure chest war chest treasury assistant clerk executive secretary receptionist typist word processor bureau davenport escritoire writing desk secretaire writing table aide-de-camp ADC adjutant aide girl Friday helper man Friday number two right-hand man right-hand woman secretary saboteur abettor accessory accomplice adherent adjunct ally appointee apprentice associate attendant auxiliary backer backup coadjutant coadjutor collaborator colleague companion confederate cooperator deputy fellow worker flunky follower friend gofer help helpmate mate partner patron peon representative right-hand person subordinate supporter temp temporary worker adversary leader boss stranger foe manager opponent enemy detractor antagonist assistants alarm clock baby sitter bird dog chaperon custodian domestic escort guide lackey nurse orderly servant understudy usher waitperson attendants agent amanuensis auditor bookkeeper cashier copyist counter jumper counterperson employee notary office helper operator paper pusher paper shuffler pen pusher pencil pusher recorder registrar salesperson seller shopperson stenographer teller transcriber white collar worker clown coup Secretary land on landing lending lowdown condone leaned on tendon lands on lied on loading lording low down found on goned on landowner lockdown longhorn worndown leant on led on linen and on end on undone land lend laid on lead on lean on lit on low den bon ton hand on laden lie down downed on land owner look down looked on loved one torn down worn down let on not on land nod un done blend in landed on go and on locked on logged on long gone tone down laid one lay down low tone london clown coup London conversation dialogue discussion expression language tone voice accent articulation communication dialect diction doublespeak elocution enunciation idiom intercourse jargon lingo locution palaver parlance prattle pronunciation prose speaking spiel tongue utterance verbalization vernacular vocalization voicing double talk expressing mother tongue native tongue oral communication vocal expression quiet silence standard listening rhetoric commentary paper address lecture appeal debate sermon stump disquisition pitch salutation tirade oratory parley valedictory exhortation opus discourse oration invocation diatribe keynote bombast dissertation eulogy recitation harangue homily panegyric declamation allocution pep talk prelection chalk talk lesson speech talk behavior act action air attitude bag bearing carriage code comportment conduct convention course dealings decency decorum deed delivery demeanor deportment ethics etiquette form front guise habits management mien mode morals nature observance performance practice presence propriety ritual role routine savoir-faire seemliness social graces style tact taste tenue way way of life ways immorality rest impropriety bad manners indecency thoughtlessness carelessness stoppage repose inertia inactivity idleness cessation behaviors account advice announcement briefing bulletin communiqué converse declaration directive disclosure dispatch excerpt goods hot story ideas info information inside story intelligence lowdown message missive news note pipeline poop prophecy précis publicity report revelation scoop skinny statement summary tidings translation warning word work withholding cover question suppression concealment secret ignorance confab chat chatter chitchat confabulation confabs clown coup Speech gave speech give speech cackles gives speech cacklest makes pitch sales pitch figure speech loss speech makes a pitch conversation dialogue discussion expression language tone voice accent articulation communication dialect diction doublespeak elocution enunciation idiom intercourse jargon lingo locution palaver parlance prattle pronunciation prose speaking spiel tongue utterance verbalization vernacular vocalization voicing double talk expressing mother tongue native tongue oral communication vocal expression quiet silence standard listening rhetoric commentary paper address lecture appeal debate sermon stump disquisition pitch salutation tirade oratory parley valedictory exhortation opus discourse oration invocation diatribe keynote bombast dissertation eulogy recitation harangue homily panegyric declamation allocution pep talk prelection chalk talk lesson speech talk behavior act action air attitude bag bearing carriage code comportment conduct convention course dealings decency decorum deed delivery demeanor deportment ethics etiquette form front guise habits management mien mode morals nature observance performance practice presence propriety ritual role routine savoir-faire seemliness social graces style tact taste tenue way way of life ways immorality rest impropriety bad manners indecency thoughtlessness carelessness stoppage repose inertia inactivity idleness cessation behaviors account advice announcement briefing bulletin communiqué converse declaration directive disclosure dispatch excerpt goods hot story ideas info information inside story intelligence lowdown message missive news note pipeline poop prophecy précis publicity report revelation scoop skinny statement summary tidings translation warning word work withholding cover question suppression concealment secret ignorance confab chat chatter chitchat confabulation confabs clown coup Speech academy department faculty hall institute institution jail seminary university blackboard college discipline establishment schoolhouse alma mater halls of ivy group class party set faction denomination sect clique following circle devotees followers disciples faith outlook belief stamp creed way persuasion school of thought way of life disbelief tutor educate control advance coach prepare lead show prime indoctrinate manage direct inform instruct train verse drill cultivate guide misguide mismanage forget leave alone neglect abandon learn mislead hide conceal ignore academia academe academic community academicians school bring up breed develop feed form foster nourish nurture provide for rear support teach brings up brought up Mafia assembly bunch cabal camarilla camp clan club companions company comrades coterie crew cronies crowd crush fraternity gang in-group insiders lot mob outfit posse ring society sorority individual branch brand cast caste character classification collection color degree description designation distinction division domain estate family feather frame genre genus grade grain grouping hierarchy humor ilk kidney league make mold name nature order origin property province quality range rank rate section selection source species sphere standing status stripe style suit temperament value variety end effect whole result School clown coup business finance social science the dismal science commerce dealing dealings economics exchange industry marketing merchandising merchantry trade traffic truck wholesaling unemployment accounts banking financial affairs investment money money management clown coup Economics
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