A Quote by George Soros
There is no doubt that the countries that now have a very large debt have not introduced the kind of structural reforms that Germany did and are therefore at a disadvantage. But the problem is that this disadvantage is becoming even more pronounced through the punitive policies in place.
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The task for Germany today is - through its own policies and its own structural reforms, its own investments - to support the EU and the Commission... but every nation has to have the courage to broach such structural reforms and speak clearly about them without making people be afraid.
He who has a slight disadvantage plays more attentively, inventively and more boldly than his antagonist who either takes it easy or aspires after too much. Thus a slight disadvantage is very frequently seen to convert into a good, solid advantage.
It seems to be a law of design that for every advantage introduced through redesign, there is an accompanying unintended disadvantage.
There is a terrific disadvantage in not having the abrasive quality of the press applied to you daily. Even though we never like it, and even though we wish they didn't write it, and even though we disapprove, there isn't any doubt that we could not do the job at all in a free society without a very, very active press.
Perfect moments, especially when they verge on the sublime have the grave disadvantage of being very short lived, which in fact, being obvious, we would not need to mention were it not that they have a still greater disadvantage, which is that we do not know what to do once they are over.
If there is a trait which does characterize leaders it is opportunism. Successful people are very often those who steadfastly refuse to be daunted by disadvantage and have the ability to turn disadvantage to good effect. They are people who seize opportunity and take risks. Leadership then seems to be a matter of personality and character.
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
While other countries have been securing large export deals, American companies have been placed at a competitive disadvantage - forced to compete globally with one hand tied behind their back.
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
People from authoritarian, male-dominated, punitive families tend to vote for "strongman" leaders and for "hard" punitive policies (prisons, wars) rather than "soft" caring policies (healthcare, childcare). Not everyone from this background does. But many people do. And this conditioning can be exploited, as Trump's campaign did, especially in times like ours of economic, social, and technological upheaval.
It is important to combine structural reforms and good fiscal stewardship with a growth strategy, because when your economy's growing and more revenue's coming in, that helps relieve debt.
God's greatest blessing is children. The only problem is that you have to support them. It's a problem, not a disadvantage.
Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.
The disadvantage of becoming wise is that you realize how foolish you've been.
The challenges facing our country today, I think, have even more even to do with America's place in the world, with a struggling economy that isn't producing the jobs that Americans long to see, with the kind of economic policies that seem to have other countries winning and America losing.
Prudence therefore consists in knowing how to distinguish degrees of disadvantage.
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