The interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse. (James Chanos)

The interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse.

James Chanos

Related topics

bad credit due extension getting greece play story thing worse macro micro

Related quotes

What has influenced my life more than any other single thing has been my stammer. Had I not stammered I would probably... have gone to Cambridge as my brothers did, perhaps have become a don and every now and then published a dreary book about French literature.

W. Somerset Maugham

I pondered all these things, and how men fight and lose the battle, and the thing that they fought for comes about in spite of their defeat, and when it comes turns out not to be what they meant, and other men have to fight for what they meant under another name.

William Morris

And once the storm is over, you won't remember how you made it through, how you managed to survive. You won't even be sure, whether the storm is really over. But one thing is certain. When you come out of the storm, you won't be the same person who walked in. That's what this storm's all about.

Haruki Murakami

Throughout the day, try to remember God more often. If you feel bad, turn to Him: "Lord, I feel bad, help me." If you feel good: "Lord, glory to You, thank You for this joy." If you are worried about someone: "Lord, I am worried about him, help him." Whatever happens, turn it into prayer.

Ambrose of Optina

The situation in Greece just goes from bad to worse. We've now got a situation where there was the big suicide a few weeks ago, where a 77-year-old man shot himself in the head outside the Greek Parliament. That was the public face of what's gone wrong.

Nigel Farage