
“Trouble approaches when there isn’t enough income to service one’s debts, or when the amount of claims people are holding in the expectation that they can sell them to get money to buy goods and services increases faster than the amount of goods and services by an amount that makes the conversion from that debt asset (e.g., a bond) impossible. These two problems tend to come together.”
―
Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
1 like
All Members Who Liked This Quote
None yet!
This Quote Is From

16,329 ratings, average rating, 1,357 reviews
Open Preview
Browse By Tag
- love (100943)
- life (78973)
- inspirational (75532)
- humor (44228)
- philosophy (30809)
- inspirational-quotes (28698)
- god (26814)
- truth (24625)
- wisdom (24453)
- romance (24281)
- poetry (23111)
- life-lessons (22502)
- quotes (20906)
- death (20489)
- happiness (18908)
- hope (18455)
- faith (18288)
- inspiration (17222)
- travel (16781)
- spirituality (15636)
- relationships (15430)
- religion (15360)
- motivational (15238)
- life-quotes (15203)
- love-quotes (15040)
- writing (14906)
- success (14151)
- motivation (13096)
- time (12806)
- science (12053)