A Quote by Dambisa Moyo

There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.

Dambisa Moyo

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Dambisa Moyo
Zambian - Economist
Born: February 2, 1969

One of the big problems in America's economic polarization and shrinkage is that pensions can't be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.

Michael Hudson

I have criticized foreign policy, but that does not mean that we should agree with everything. Indeed, we criticize a lot of things, we think that our partners make many mistakes [may be we make mistakes too, no one is immune to making mistakes], but as for the economy, I repeat that, in my opinion, the European Commission and the leading European economies are acting very pragmatically and are on the right path.

Vladimir Putin

Madoff Securities is the world's largest Ponzi scheme.

Harry Markopolos

The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.

Milton Friedman

Our oceans have been the victims of a giant Ponzi scheme, waged with Bernie Madoff-like callousness by the world's fisheries.

Daniel Pauly

I repeat that, in my opinion, the European Commission and the leading European economies are acting very pragmatically and are on the right path.

Vladimir Putin

'Ever closer union' is one of the totemically controversial phrases in the European Union's Treaties. It seems to give weight to the view that the scheme is designed to end in a single state and that those who agreed the texts have long know this, even if they have been unwilling to admit it to the British people.

Jacob Rees-Mogg

For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through default.

Mohamed El-Erian

I live in Soho in lower New York; there's tons and tons of tourists right outside my door step, obviously. Most of them are European, and all of them have guidebooks. I never see anyone looking at a phone.

Hanya Yanagihara

In England pensions used to be given to aristocrats, because aristocrats had political influence, in order to corrupt them. Here pensions are given to the great democratic mass, because they have political power, to corrupt them.

William Graham Sumner

There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank.

George Osborne

How can we later criticise other countries outside the European Union for adopting such measures to repress opponents when we are tolerating this inside the European Union with European citizens? Like me - I'm a European citizen.

Carles Puigdemont

Live long enough and you'll come into pensions, a lovely thing. Presents every month from people you didn't know cared.

Ruth Gordon

We are patriotic enough to believe there is no good reason why foreign investors from Europe cannot be expected to resolve any disputes fairly through British justice, operating through British courts. And we are European enough to think that our companies can do the same by relying on European courts.

Barry Gardiner

If the American public were accurately polled, I suspect the results would find Bonnie & Clyde, Bill Clinton, Ponzi Scheme scamster Bernie Madoff, and the infamous Wily Coyoteto be believed to be more honest and trustworthy than Hillary Clinton.

Ted Nugent

I see myself as, first and above all, a teacher of history; next, a writer of European history; next, a commentator on European affairs; next, a public intellectual voice within the American left; and only then an occasional, opportunistic participant in the pained American discussion of the Jewish matter.

Tony Judt

A Quote by Dambisa Moyo

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