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"There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now."
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"Let me not fear adversity."
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Personal Development

"This moment is our greatest treasure. We cannot replay the past events. We have no control over future events."
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Personal Development

"Be bold enough to appreciate. Be strong enough not to criticize."
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Personal Development

"The divinity within is an endless strength."
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Personal Development

"The greater the pressure the brighter the diamond."
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Personal Development

"Without roots a tree, no matter how tall, cannot stand."
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Personal Development

"You don't need armor if your skin is thick. You don't need a sword if your mind is sharp. You don't need a shield if your heart is strong. You don't need a fortress is your soul is secure."
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Personal Development

"A tree will not wither and die because the wind blew away one leaf."
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Personal Development

"The more the Word of God abides in a person, the more strength and wisdom he will have."
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Personal Development

"Modern humans are taught from the childhood that they are weak and sinners. Teach them that they are embodiment of glory and children of immortal strength. Eventually a society full of bravehearts will rise."
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Personal Development
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"Russia has gone through eight years of continuing economic pain."
Pain

"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."
Money

"Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments."
Government

"We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy."
Creativity

"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."
Economy

"In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better."
Success

"The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge."
Finance

"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."
Economy

"I think the IMF helped to detonate the Indonesian crisis."
Crisis

"The essence of Africa's crisis is fundamentally its extreme poverty."
Crisis
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