{"quotes":[{"text":"If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.","author":"Tyler Cowen","tags":["financial-crisis","financial-crisis-of-2007-2011","income-inequality","innovation","recession","technology","technology-enchantment","the-great-stagnation","the-recession"],"id":70994,"author_id":"Tyler+Cowen"},{"text":"Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops... Eventually it all catches you at the same time.","author":"Johnnie Dent Jr.","tags":["finacial-instability","finance","financial-advice","financial-crisis","financial-markets","financial-planning","financial-worries"],"id":96440,"author_id":"Johnnie+Dent+Jr."},{"text":"...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...","author":"Steve Keen","tags":["banking","debt","economics","economics-philosopy","economists","experts","finance","financial-crisis","financial-crisis-of-2007-2011","money","occupy-wall-street","the-end-of-experts","the-four-horsemen"],"id":251517,"author_id":"Steve+Keen"},{"text":"Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon.","author":"Roger Lowenstein","tags":["drinking","economics","financial-crisis","investment","rating-agency","wall-street"],"id":268070,"author_id":"Roger+Lowenstein"},{"text":"Let's stop kidding ourselves that Greek debt is the Euro's key problem. With Greece gone, who's next ?","author":"Alex Morritt","tags":["athens","bankrupt","bankruptcy","black-hole","bonds","boom-and-bust","borrowing","borrowing-money","bust","capitalism","capitalism-and-schizophrenia","capitalismo","collapse","credit","credit-challenged","credit-restoration","credit-score","creditors","crises","crisis","crisis-of-capitalism","crisis-of-confidence","currencies","currency","current-affairs","current-events","current-situation","debt-crises","debt-inheritance","debts","default","default-position","demise","depression","depression","economic-collapse","economic-crisis","economic-depression","economics","economy-bankrupt","euro","europe","european-economic-area","european-union","exit","exit-strategy","fallout","finance","finances","financial-crisis","financial-markets","financial-worries","funding","fundraising","funds","greece","greek","greek-mythology","greek-myths","greek-tragedy","grexit","indebted","indebtedness","kidding","kidding-yourself","loans-for-bad-credit","loans-for-bad-credit-rating","marketplace","markets","national","national-debt","nationalism","noose","political-commentary","political-corruption","political-expediency","political-satire","problematic","problems-in-the-world","problems-of-today","problems","problems-with-society","running-away-from-problems","savings","transparency","transparency-or-the-lack-thereof","unravel","unravelling","yoke"],"id":342642,"author_id":"Alex+Morritt"},{"text":"Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.","author":"Janet M. Tavakoli","tags":["business","finance","financial-crisis","hedge-funds","structured-finance"],"id":393095,"author_id":"Janet+M.+Tavakoli"},{"text":"With the power of God, we can scale any wall.","author":"Lailah Gifty Akita","tags":["adversity","challenges","christian-life","difficulties-of-life","divine-grace","divine-intervention","faith","financial-crisis","financial-difficulties","god","hard-times","hope","inspiration","inspiring","obstacles","overcoming-challenges","overcoming-obstacles","positive","positive-thinking","strength","strength-of-character","struggle","uplifting","wise-thoughts"],"id":412243,"author_id":"Lailah+Gifty+Akita"}],"pagination":{"page":1,"page_size":10,"total":7,"pages":1}}
