Borrowing to build factories is not the economic equivalent of borrowing to buy television sets, and it's amazing just how few modern economists can see the difference...Borrowing to produce is the way poor countries become rich. Borrowing to consume is the way rich countries become poor. A vivid example of the latter is the stream of container ships unloading at U. S. ports and going back empty because we have nothing to ship.
Peter SchiffRelated topics
borrowing build buy container difference empty equivalent example few latter modern nothing poor produce rich see ship stream vivid way television unloadingRelated quotes
Fifteen years ago, when the Cold War ended, many of us hoped for a new world order to emerge. A world order rooted in human solidarity - a world order that would be equitable, inclusive and effective.
But today we are nowhere near that goal. We may have torn down the walls between East and West, but we have yet to build the bridges between North and South - the rich and the poor.
Mohamed ElBaradei
We are taught to consume. And that's what we do. But if we realized that there really is no reason to consume-that it's just a mind set, that it's just an addiction, then we wouldn't be out there stepping on people's hands climbing the corporate ladder of success. I have my reasons why I want to be filthy rich. It's so I can buy the last first growth forest and turn it into a permanent national park. I just bought 800 acres on the border of Panama and Costa Rica.
River Phoenix
It is often difficult to fill an active healthy man's leisure. He is bored when not working; he paces the floor like a caged animal and sinks naturally into vices which are merely the means of getting numberless vivid sensations from his body with which to fill his empty hours. Modern civilization, with its inventions and machines, has increased the number of these hours, and we must learn how to use them.
André Maurois
Americans know economic security can vanish in an instant without health security. I ask Congress to join me this year to enact a patients' bill of rights, to give uninsured workers credits to help buy health coverage, to approve an historic increase in the spending for veterans' health, and to give seniors a sound and modern Medicare system that includes coverage for prescription drugs.
George W. Bush
When I was young I once found a book in a Dutch translation, The 'Leaves of Grass'. It was the first time a book touched me by its feeling of freedom and open spaces, the way the poet spoke of the ocean by describing a drop of water in his hand. Walt Whitman was offering the world an open hand (now we call it democracy) and my 'Monument for Walt Whitman' became this open hand with mirrors, so you can see inside yourself.
Karel Appel
