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We refused to touch credit default swaps. It would be like buying insurance on the Titanic from someone on the Titanic.
Nassim Taleb
This is the opportunity of a lifetime. The most important securities are being given away
Marty Whitman
The US government bond market is the last bubble to collapse
Marc Faber
Superpowers do not normally ask their diplomats to reassure other nations on questions of credit-worthiness
Laurence Summers
beware of geeks bearing formulas
Warren Buffett
Decoupling” is pure fantasy
Friedman
you know, normal human-being food
pirates
You can’t just have an industry where they make giant profits or they get bailed out. That doesn’t make any sense
Kenneth Rogoff on S&Ls
We are seeing smart investors putting on more risk, not running away from risk
Larry Fink
Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate…purge the rottenness out of the system
–Secretary of the Treasury Andrew Mellon’s advice to President Herbert Hoover
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