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"Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise."
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"I don't know which I hate most my bills or the money I pay them with..."

"Better give a shilling than lend and lose half a crown."

"Misers makes money their lord, but the spenders makes it their slaves and servants."

"But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance."

"Thirty to 40 years ago, most financial decisions were fairly simple."

"Rich People plan for three generationsPoor people plan for Saturday night."

"An intelligent investor sees an opportunity in dip than risk."

"Even when we earn a lot of money, how we earn it should be a pleasant experience."

"On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States."
Explore more quotes by Rodrigo Rato


"Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development."


"We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that."


"We would certainly encourage the Italian government to put forward an ambitious agenda of reform."


"I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty."


"And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future."


"Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise."


"And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do."
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