Alan M. Taylor Quotes
A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.
Alan M. Taylor
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Bernie Madoff is probably more nuanced then I'm giving him credit for, but I just couldn't get under his skin.
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Of course, Dwight D. Eisenhower gets credit for doing more for golf than any other White House resident, a mid- to high-handicapper though he was.
Dan Jenkins
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Why can't people credit that he and all of us had a sense of humour?
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The basic aggregate measure of gearing or leverage is telling us that today's advanced economies' operating systems are more heavily dependent on private sector credit than anything we have ever seen before. Furthermore, this pattern is seen across all the advanced economies, and isn't just a feature of some special subset (e.g. the Anglo-Saxons).
Alan M. Taylor
We've seen in the papers that we've been smashed by England. All credit to them: they played fantastically well. But if we actually dissect exactly what happened, it came down to a couple of edgy draws and a game where we were beaten by two runs. It was a lot closer than everyone made out.
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May books spread the world over!
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I suddenly realize that I'm naked, which shouldn't bother me since it's the phone, but for some reason it does. "How's it hanging?" Kyra asks and now I think I'm blushing. It's just an expression, but jeez!
Barry Lyga
A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.
Alan M. Taylor