A Quote by Alberto Fernandez

The country is indebted, cloaked by an instability that discards the possibility of development and leaves it hostage to foreign financial markets.

Alberto Fernandez

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Country Development Financial Financial Markets Foreign Hostage Indebted Instability Leaves Markets Possibility

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Alberto Fernandez
Argentinian - Politician
Born: April 2, 1959

Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones. It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process.

George Soros

Taxing financial markets, promoting research and development, and mobilising investments: that means learning our lessons from the financial market crisis and changing our focus.

Frank-Walter Steinmeier

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

Rakesh Jhunjhunwala

Do not trust financial market risk models. Despite the predilection of some analysts to model the financial markets using sophisticated mathematics, the markets are governed by behavioral science, not physical science.

Seth Klarman

Donald Trump doesn't release his tax returns and is indebted to foreign banks and foreign lenders.

Hillary Clinton

We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.

William Easterly

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.

Hyman Minsky

James Goldsmith is important because he used the power of the markets to break up the cosy patrician elite that ran Britain and its industries in the 1950s and '60s. In the process, Goldsmith helped transfer power in this country away from politics and towards the markets and the financial sector.

Adam Curtis

In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.

Alan Greenspan

Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.

Dani Rodrik

An optimised tax structure gives us the possibility of flexibility in using our assets that have already been taxed in one market. They can be used in new markets for further business development without the additional burden of double taxation.

Ingvar Kamprad

Hunger, disease and poverty can lead to global instability and leave a vacuum for extremism to fill. So instead of just managing poverty, we must offer nations and people a pathway out of poverty. And as president I've made development a pillar of our foreign policy, alongside diplomacy and defense.

Barack Obama

Developments in financial markets can have broad economic effects felt by many outside the markets.

Ben Bernanke

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.

Mark Zandi

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

Ben Bernanke

There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for example, always had to pay a lot more in interest to borrow money than governments in developed nations.

Porter Stansberry

A Quote by Alberto Fernandez

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