Quote by Jeffrey Sachs
We had a booming stock market in 1929 and then went into the world

We had a booming stock market in 1929 and then went into the worlds greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different. – Jeffrey Sachs

Other quotes by Jeffrey Sachs

Theres a lot of strength in the U.S., but theres a lot of froth also. The froth will blow off. Were going to have to face up to some realities that were not fully facing up to right now. – Jeffrey Sachs

Category:
strength
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Weve taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well. – Jeffrey Sachs

Category:
finance
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Other Quotes from
finance
category

My real adversary has no name, no face, no party. It will never be elected, yet it governs – the adversary is the world of finance. – Francois Hollande

Category:
finance

Finance, like time, devours its own children. – Honore de Balzac

Category:
finance

I made my money by selling too soon. – Bernard Baruch

Category:
finance

I have a lot of trouble understanding all the detail of finance and administration – but if you combine intellectual and professional capacity with a social conscience, you can change things: countries, structures, economic models, colonial states. – Evo Morales

Category:
finance

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Now, in New Jersey, we have more government workers per square mile than any state in America. But since Ive been governor we now have fewer people on the state payroll at any time since Christie Whitman left office in January 2001. Thats the right direction, Mr. President, not the wrong direction. – Chris Christie

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If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in an atmosphere of compassion not punishment, the reduction in drug usage and in the harm done to users could be dramatic. – Milton Friedman

Category:
Drugs

The success or failure of a life, as far as posterity goes, seems to lie in the more or less luck of seizing the right moment of escape. – Alice James

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