A Quote by John Kenneth Galbraith

A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.

John Kenneth Galbraith

Quote Topics

Any Believe Debt Experience Financial Memory Modern Must New Only Pathological Phenomenon Point Repeated Us Way Weakness

Quote Author

John Kenneth Galbraith
American - Economist
October 15, 1908 - April 29, 2006

I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.

Sergei Lavrov

If we reach the debt ceiling, we don't have to default. Getting to that point just won't allow us to reach new debt.

Ron DeSantis

All we have to believe with is our senses, the tools we use to perceive the world: our sight, our touch, our memory. If they lie to us, then nothing can be trusted. And even if we do not believe, then still we cannot travel in any other way than the road our senses show us; and we must walk that road to the end.

Neil Gaiman

People without hope not only don’t write novels, but what is more to the point, they don’t read them. They don’t take long looks at anything, because they lack the courage. The way to despair is to refuse to have any kind of experience, and the novel, of course, is a way to have experience.

Flannery O'Connor

We must come to understand the deep mutual connection or kinship between the various forms of our spirituality. We must recollect our original spiritual and moral substance, which grew out of the same essential experience of humanity. I believe that this is the only way to achieve a genuine renewal of our sense of responsibility for ourselves and for the world. And at the same time, it is the only way to achieve a deeper understanding among cultures that will enable them to work together in a truly ecumenical way to create a new order for the world.

Vaclav Havel

God taking from us and loving us at the same time by providing comforters was a kind of spiritual equanimity. It seemed a phenomenon of life how a death insinuates us into the debt of those who stand by us in trouble and console us.

Susan Vreeland

I believe we must be strong militarily, but beyond a certain point military strength can become a national weakness.

Dwight D. Eisenhower

Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?

Suze Orman

First examine what is constantly there in your mind, what is being repeated again and again. You don't have many thoughts. If you examine minutely you will see that you have only a few thoughts repeated again and again - maybe in new forms, new colors, new garments, new masks, but you have only a very few thoughts.

Rajneesh

Never say any man is hopeless, because he only represents a character, a bundle of habits, which can be checked by new and better ones. Character is repeated habits, and repeated habits alone can reform character.

Swami Vivekananda

The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.

Michael Hudson

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

Ben Bernanke

Loss brings pain. Yes. But pain triggers memory. And memory is a kind of new birth, within each of us. And it is that new birth after long pain, that resurrection - in memory - that, to our surprise, perhaps, comforts us.

Sue Miller

Civilization can only revive when there shall come into being in a number of individuals a new tone of mind independent of the one prevalent among the crowd and in opposition to it. A new public opinion must be created privately and unobtrusively. The existing one is maintained by the press, by propaganda, by organization, and by financial influences which are at its disposal. The unnatural way of spreading ideas must be opposed by the natural one, which goes from man to man and relies solely on the truth of the thoughts and the hearer's receptiveness of new truth.

Albert Schweitzer

Time doesn't exist. It doesn't exist in any way. It's more subjective than real. Time doesn't exist. I believe in memory. Memory is the real inspiration. Memory creates time. Memory is pure power. Pure power and pure strength, and pure utilization of space and time (if time is something we can really ever label). But I don't believe in time itself.