"Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques."

--

Source : "Eurozone crisis live: Brussels hints at austerity rethink as opposition mounts - as it happened" by Graeme Wearden, www.theguardian.com. April 22, 2013.

Bill Gross

#Country Quotes #Writing Quotes #Growth Quotes

“Let it not, therefore, be said that the Sovereign is not subject to the laws of his State; since the contrary is a true proposition of the right of nations, which flattery has sometimes attacked but good princes have always defended as the tutelary divinity of their dominions. How much more legitimate is it to say with the wise Plato, that the perfect felicity of a kingdom consists in the obedience of subjects to their prince, and of the prince to the laws, and in the laws being just and constantly directed to the public good!”
“Unless man is committed to the belief that all mankind are his brothers, then he labors in vain and hypocritically in the vineyards of equality.”

Source : Biography/Personal Quotes, www.imdb.com.
“I try to see my films just once. it's like a dream you've been through when it's been intense, and you just have to go through it once more just to make sure you've had it.”
“When Punk Rock happened, it created an opening in the culture... it made it ok to think you could play music, even though you had no musical training.”
“This is the great object held out by this association; and the means of attaining it is illumination, enlightening the understanding by the sun of reason which will dispell the clouds of superstition and of prejudice.”
“You don't BOO an Olympic Gold Medalist!”
“I loved surrealism and abstract painting, and anything related to those. I always thought painting was the highest form of art. What led me to drawing was seeing so much self-important, pretentious, conceptual-type art in university. I wanted to reject that by making quick, fun art.”
“At the World Food Programme we have recognized what a valuable tool food aid can be in changing behaviour. In so many poorer countries food is money, food is power.....”

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