[I criticise those] countries that used currency devaluation as a lever to win jobs. I would refer you to one member state of the Community without name it. Those who devalue in an extreme way will find health at the expense of the rest of the Community. It's like three people shipwrecked-one person floats for the sake of the other two going under. (Jacques Delors)

[I criticise those] countries that used currency devaluation as a lever to win jobs. I would refer you to one member state of the Community without name it. Those who devalue in an extreme way will find health at the expense of the rest of the Community. It's like three people shipwrecked-one person floats for the sake of the other two going under.

Jacques Delors

Related topics

currency expense find health name person rest sake state three under way devaluation

Related quotes

For too long, many nations, including my own, tolerated, even excused, oppression in the Middle East in the name of stability. Oppression became common, but stability never arrived. We must take a different approach. We must help the reformers of the Middle East as they work for freedom, and strive to build a community of peaceful, democratic nations. View quote
George W. Bush
It's fascinating that people, there's so many people now who will make judgments based on what you look like. I'm black. So I'm supposed to think a certain way. I'm supposed to have certain opinions. I don't do that. You don't create a box and put people in and then make a lot of generalizations about them. View quote
Clarence Thomas
There used to be a thing or a commodity we put great store by. It was called the People. Find out where the People have gone. I don't mean the square-eyed toothpaste-and-hair-dye people or the new-car-or-bust people, or the success-and-coronary people. Maybe they never existed, but if there ever were the People, that's the commodity the Declaration was talking about, and Mr. Lincoln. View quote
John Steinbeck
I would like people to recognize in looking at my story that the person who has the most to do with what happens to you is you. It's not the environment, it's not the other people who were there trying to help you or trying to stop you. It's what you decide to do and how much effort you put behind it. View quote
Ben Carson
Everything in this life passes away - only God remains, only He is worth struggling towards. We have a choice: to follow the way of this world, of the society that surrounds us, and thereby find ourselves outside of God; or to choose the way of life, to choose God Who calls us and for Whom our heart is searching. View quote
Seraphim Rose