John Kenneth Galbraith Quotes
To the man who held stock on margin, disaster had only one face and that was falling prices. But now prices were to be allowed to fall. The speculator's only comfort, henceforth, was that his ruin would be accomplished in an orderly and becoming manner.
John Kenneth Galbraith
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Who does understand life?
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When it comes to meetings and preparing for that, it doesn't matter if it's a meeting with the U.N.; with a large operator, CEO, or chairman; or if I have an internal meeting - in all cases, I know that the energy and the engagement in every discussion is extremely important.
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Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.
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My friends make me laugh: funny Instagram videos, but mostly people falling over. It's so bad, but it never gets old. I just love how people cover up their falls. The whole experience of 'Oh, I just fell, and I'm going to run out of the fall and pretend I did this on purpose.' I just like to see how people cover up their mishaps.
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I said what I said before Congress because I meant every word of it.
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To the man who held stock on margin, disaster had only one face and that was falling prices. But now prices were to be allowed to fall. The speculator's only comfort, henceforth, was that his ruin would be accomplished in an orderly and becoming manner.
John Kenneth Galbraith