Geithner's Advise to Europe Falls on Deaf Ears

The US Secretary of the Treasury found that he was welcome to participate in the discussions with leaders in Europe on how to deal with their crisis. He also found that it is difficult for American leaders to impact such discussion like they have in the past. First we have to be able to deal with our own problems effectively, and we have to stop causing problems for the rest of the world, as we did by exporting toxic securities to the rest of the world.