...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...

~ Steve Keen

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With the power of God, we can scale any wall.

~ Lailah Gifty Akita

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Let's stop kidding ourselves that Greek debt is the Euro's key problem. With Greece gone, who's next ?

~ Alex Morritt

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The people who would praise you for living lavishly, would be the same ones to laugh at you if your were to find yourself in the pit of financial crisis.

~ Hafiz

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If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.

~ Tyler Cowen

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Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon

~ Roger Lowenstein

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Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops... eventually it all catches you at the same time.

~ Johnnie Dent Jr.

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Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.

~ Janet M. Tavakoli

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