Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular. (Lawrence Summers)

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

Lawrence Summers

Related topics

spectacular global

Related quotes

We should have been there shoulder to shoulder with our allies. Our concern is the instability of our government as an ally. We are playing again with national and global security matters.

Stephen Harper

The folly of mistaking a paradox for a discovery, a metaphor for a proof, a torrent of verbiage for a spring of capital truths, and oneself for an oracle, is inborn in us.

Paul Valéry

Light thinks it travels faster than anything but it is wrong. No matter how fast light travels, it finds the darkness has always got there first, and is waiting for it.

Terry Pratchett

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.

George Soros

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose.

Jack Reed