Unfortunately, most Americans are completely oblivious to these developments. They will literally be blind-sided by the sudden and steep devaluation of the dollar, as they were blind-sided by this crisis.
Get gold and silver – and get ’em soon.
[/quote]
Which begs the question. Do we really think Chinese speaking Geithner is not aware of these developments?
Geithner spent most of his childhood abroad, living in India, Thailand and Zimbabwe. His father, Peter Geithner, is an Asia expert who worked at the Ford Foundation for 28 years.
“Tim was always very adaptable to the changing locations in which we lived,” his father told Dartmouth’s student newspaper in a recent interview. “I think (moving) allowed Tim and his siblings to get used to getting on planes, used to being in different situations.”
An amateur photographer, Tim Geithner turned the family’s Bangkok bathroom into a darkroom, his mother told the paper. Geithner’s parents did not return calls for this article.
Geithner studied Chinese at Dartmouth, spending at least one summer in China.
“Tim was a great student,” said his former Chinese professor Susan Blader. “He just brightened up everything. He has the most incredible spirit.”
“He’s always had the most enormous amount of energy,” she said.
After graduating in 1983, he got a master’s in international economics and East Asian Studies from Johns Hopkins School of Advanced International Studies, graduating in 1985.
Before joining Treasury, he worked for Kissinger Associates Inc., the consulting firm founded by former Secretary of State Henry Kissinger.
After leaving Treasury in 2001, he worked for the International Monetary Fund, where he was director of policy development. He’s been president of the New York Fed since 2003.
