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"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."
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"There is nothing we like to communicate to others as much as the seal of secrecy together with what lies under it."
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Personal Development
"Sin has many tools, but a lie is the handle which fits them all."
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Personal Development
"A lie has no leg, but a scandal has wings."
Author Name
Personal Development
"I do myself a greater injury in lying than I do him of whom I tell a lie."
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Personal Development
"The most common lie is that which one lies to himself; lying to others is relatively an exception."
Author Name
Personal Development
"Sanity is a cozy lie."
Author Name
Personal Development
"They always say that jazz doesn't sell, but it's a lie, because it does sell, and it sells consistently year in and year out."
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Personal Development
"I should like to lie at your feet and die in your arms."
Author Name
Personal Development
"I don't think the news department will have to lie down and play dead like it has in the past. By and large the network has been understanding, but then so have I."
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Personal Development
"As you make your bed, so you must lie in it."
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Personal Development
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"We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households."
Home
"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."
Finance
"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
Mistake
"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."
Lie
"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."
Peace
"Financial crises require governments."
Finance
"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it."
People
"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."
Finance
"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
Policy
"Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system."
Finance
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