"Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting."

--

Source : James Rickards (2014). “The Death of Money: The Coming Collapse of the International Monetary System”, p.14, Penguin

James Rickards

#Balance Quotes #Bankers Quotes #Purpose Quotes

“Two-thirds of the Iranian people would like to be reconciled with the West. They don't like the fanaticism of the governing religious council. It's the only place in the world where the last six elections have been won by the more progressive candidate, two for president, two for the mayors, two for the parliament. So most people there are sympathetic to the world we Americans want to build, whether we're Republicans or Democrats. On the other hand, almost everybody there wants them to have nuclear power. They see it as a status symbol, and a sense of their own security.”
“But when you only speak using generalizations, you run the danger of denying the specific. In recent decades, millions of people have come to us from cultural groups within which women have absolutely no rights. They do not have a voice of their own and they are totally dependent on their fathers, brothers or husbands. That applies to North Africa and that applies to large parts of the Middle East. It isn't always linked to Islam.”

Source : Source: www.spiegel.de
“I'm completely different from Pietersen. He would turn up to the opening of an envelope”
“We all have brains and we're all really smart people, but the underlying reality is that we're really just animals and sometimes animal instinct takes over your capability to really think things through.”

Source : Source: puregrainaudio.com
“It is possible that blondes also prefer gentleman.”
“Somewhere on this globe, every ten seconds, there is a woman giving birth to a child. She must be found and stopped.”
“All the Tauruses I know have this connection to the earth and the environment. We are very curious people, very loyal, very aware of and respectful of our surroundings. Also, we're stubborn, but that's our way. We understand what we want, which is not bad.”
“They [the disciples] were testifying to the resurrection, a question of fact, not merely of faith. They were convinced of an event. And their willingness to die for attesting to that event is far more convincing that the willingness of others to die for a mere belief or because of loyalty to a religion or religious leader.”

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