"The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile."

--

Source : "JIM CHANOS: I Visited Hong Kong And Australia, And This Is What I Saw" by Joe Weisenthal, www.businessinsider.com. November 23, 2011.

James Chanos

#Thinking Quotes #People Quotes #Chinese Quotes

“Don't be evil is a load of crap.”
“Don't punish yourselves for people's ignorant reactions to what we all are. Don't let ignorance win. Let love.”
“The greatest happiness we can give to a mate comes from helping him or her to more understanding of Truth.”
“He loved possessions, not masses of them, but a select few that he did not part with. They gave a man self-respect. Not ostentation but quality, and the love that cherished the quality. Possessions reminded him that he existed, and made him enjoy his existence. It was as simple as that. And wasn't that worth something? He existed. Not many people in the world knew how to, even if they had the money. It really didn't take money, masses of money, it took a certain security.”
“An order given in battle, an instruction issued by the master of a sailing ship, a cry for help, are as powerful in modifying the course of events as any other bodily act...You utter a vow or forge a signature and you may find yourself bound for life to a monastery, a woman or prison.”
“Well, I - all cases to me have interest. Every case is important to somebody, the people litigating that case. But the most difficult case for me is the case where one person says a, the other person says b, and you just don't know for certain who is not telling you the truth.”
“I think the Democratic electorate is similarly very energized. In both cycles we have new folks coming into the system who had previously been outside of the system, who may not even be Democrats. In both cycles we have a very well-known candidate who understands the process and a candidate who had to learn the rules.”

Source : Source: www.elle.com
“My mom lived by herself with two kids. Sacrifice was the name of the game at our house.”

Source : "Serby’s Sunday Q&A with Victor Cruz". Interview with Steve Serby, nypost.com. August 22, 2010.

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