Carmen Reinhart Quotes
If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.
Quotes to Explore
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I hadn't focused on mechanics since I signed professionally.
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As far as I can remember, every dime I ever had went to something extravagant. I would rather spend more, buy fewer items and have them forever.
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My parents would have loved it if my brother or I had become a doctor or lawyer.
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To say that Jimmy Carter does not understand politics or is not a good politician denies the phenomenon by which he got to the White House. He is without question the best politician, when he's working at it, of anybody I have ever seen.
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Well, my first languages are German and Spanish because I was brought up by a Spanish mother and a German father, so I always spoke both languages at home. I'm very thankful that I was brought up in a bilingual house.
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God is much greater than anything we can imagine.
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As humans, we're going to make mistakes. It's what makes us human, and most of the time, the most effective way of learning is from a mistake.
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Hungarian communists were the most talented. They convinced everybody that reforming the communist party was better than making a new party.
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I'm a strong fighter, I'm a fighter who can adapt to my surroundings.
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I'm relaxed about my career. I've been making movies for over 20 years, so I've earned at least the right to relax.
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I give infinite thanks to God, who has been pleased to make me the first observer of marvelous things.
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A laugh, if purchased at the expense of propriety, costs too much.
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Television has become the government, priest, psychotherapist - the legitimiser of our egos.
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To throw a shoe at a man in Dundee is the equivalent of a kiss on the cheek and an embrace in London. Dundee is a very different place; they have their own rules.
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Flannery O'Connor's brief life and slim output were nonetheless marked by piercing powers of observation.
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The least of things with a meaning is worth more in life than the greatest of things without it.
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I've always had to have some kind of failure before I was successful.
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The wheelchair and the prosthesis give me a soapbox to stand on. If it helps me get my message across, I'm glad; then we need to talk about what we need to do for this country.
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My wife's not some doobie to be passed around! I took a vow on our wedding day to bogart her for life.
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The soul has this proof of divinity: that divine things delight it.
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Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose.
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The discussing the characters and foibles of common friends is a great sweetness and cement of friendship.
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It's always crude to link Dickens back to the blacking factory where he was sent to work aged 12 when his father was imprisoned in Marshalsea Prison for bad debt, but it was obviously a huge part of him.
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If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.
