There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.

China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.

I think all governments engage in intelligence gathering vis-a-vis other governments.

I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.

China saves too much, produces too much, sells too much to Americans and consumes too little.

India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth.

The U.S. didn't save enough; we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.