---
title: "2 Banking system Quotes By George Friedman"
description: "2 Banking system quotes by George Friedman. Plus more from George Friedman and more Banking system sayings from other authors."
image: "https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png"
---

> [Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with Austria's banking system. There's all sorts of interplays there. So it's not the PIIGS one should…](https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

[Image](https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png)

> [Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche…](https://sms4smile.com/quotes/george-friedman/italy-is-the-fourth-largest-economy-in-europe-and-the-eighth-largest/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

[Image](https://sms4smile.com/quotes/i/b41/george-friedman-7436_banking_italy-is-the-fourth-largest-economy-in-e_854572.png)

## Other authors on Banking system

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-adnan-pachachi-9524.jpg) Kenneth C. Griffin 5 quotes ](https://sms4smile.com/quotes/about/banking-system/kenneth-c-griffin/)

## More by George Friedman

> [“The threats that resurfaced in the past 10 years were not an aberration. Al Qaeda and terrorism or one such threat, but it was…](https://sms4smile.com/quotes/george-friedman/the-threats-that-resurfaced-in-the-past-10-years-were-not-an/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [“In Geo-Politics, a nation has no permanent allies or permanent enemies, only permanent interests.”](https://sms4smile.com/quotes/george-friedman/in-geo-politics-a-nation-has-no-permanent-allies-or-permanent-enemies/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [Galvanized people can do careless things. It is in the extreme and emotion-laden moments that distance and coolness are most required. I am tempted…](https://sms4smile.com/quotes/george-friedman/galvanized-people-can-do-careless-things-it-is-in-the-extreme-and/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [Assad's mother was a terror. He was terrified of her and she kept saying to him, you're not like your father. That's interesting, but…](https://sms4smile.com/quotes/george-friedman/assad-s-mother-was-a-terror-he-was-terrified-of-her-and-she-kept/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [The Chinese have a long history of slaughtering each other without bothering their neighbors.](https://sms4smile.com/quotes/george-friedman/the-chinese-have-a-long-history-of-slaughtering-each-other-without/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with…](https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [If you go through the list of things that are not possible you're left with a very finite amount of possibilities. The fancy name…](https://sms4smile.com/quotes/george-friedman/if-you-go-through-the-list-of-things-that-are-not-possible-you-re/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [But every time new powers emerge they have to find their balance. New powers are emerging, old powers are declining. It's not that process…](https://sms4smile.com/quotes/george-friedman/but-every-time-new-powers-emerge-they-have-to-find-their-balance-new/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [ We cannot anticipate the moral circumstances under which we will live. And therefore \[I refuse\] to say that I will not live in a… ](https://sms4smile.com/quotes/george-friedman/we-cannot-anticipate-the-moral-circumstances-under-which-we-will-live/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [“While you and I are allowed the luxury of our pain, president isn't. A president must take into account how his citizens feel and…](https://sms4smile.com/quotes/george-friedman/while-you-and-i-are-allowed-the-luxury-of-our-pain-president-isn-t-a/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [ War is an extraordinary condition to be in - to be, for example, in the combat information center of a warship \[and behaving\] as… ](https://sms4smile.com/quotes/george-friedman/war-is-an-extraordinary-condition-to-be-in-to-be-for-example-in-the/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [When you're young and going to war, it's a genuinely exciting moment. You are going to risk yourself. On the battlefield, you are suddenly…](https://sms4smile.com/quotes/george-friedman/when-you-re-young-and-going-to-war-it-s-a-genuinely-exciting-moment/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [“The Fifth Commandment of the Decalogue demands that one honor one's mother and father. That is not about calling home. It is about this:…](https://sms4smile.com/quotes/george-friedman/the-fifth-commandment-of-the-decalogue-demands-that-one-honor-one-s/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [If you lose yourself to rage in the complexity of battle, you are going to be lost.](https://sms4smile.com/quotes/george-friedman/if-you-lose-yourself-to-rage-in-the-complexity-of-battle-you-are/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [Constraint theory asks: What is the price for doing this? Now one way around constraint theory is declaring your enemy crazy. Crazy and stupid…](https://sms4smile.com/quotes/george-friedman/constraint-theory-asks-what-is-the-price-for-doing-this-now-one-way/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/banking-system/george-friedman/#itemlist",
            "name": "2 Banking system Quotes By George Friedman",
            "numberOfItems": 2,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with Austria's banking system. There's all sorts of interplays there. So it's not the PIIGS one should worry about. Germany hasn't even begun falling yet. And when Germany falls, and it will, that's when the panic begins to set in.",
                        "creator": {
                            "@type": "Person",
                            "name": "George Friedman"
                        },
                        "url": "https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png",
                            "url": "https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in…” — George Friedman",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.",
                        "creator": {
                            "@type": "Person",
                            "name": "George Friedman"
                        },
                        "url": "https://sms4smile.com/quotes/george-friedman/italy-is-the-fourth-largest-economy-in-europe-and-the-eighth-largest/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/b41/george-friedman-7436_banking_italy-is-the-fourth-largest-economy-in-e_854572.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/b41/george-friedman-7436_banking_italy-is-the-fourth-largest-economy-in-e_854572.png",
                            "url": "https://sms4smile.com/quotes/i/b41/george-friedman-7436_banking_italy-is-the-fourth-largest-economy-in-e_854572.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking…” — George Friedman",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/banking-system/george-friedman/#webpage",
            "url": "https://sms4smile.com/quotes/about/banking-system/george-friedman/",
            "name": "Banking system Quotes by George Friedman",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/banking-system/george-friedman/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/3f7/george-friedman-7436_austria_italy-spills-over-to-everything-italy-is_113078.png"
            },
            "description": "2 Banking system quotes by George Friedman. Plus more from George Friedman and more Banking system sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/banking-system/george-friedman/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/banking-system/george-friedman/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Banking System",
                    "item": "https://sms4smile.com/quotes/about/banking-system/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "George Friedman",
                    "item": "https://sms4smile.com/quotes/about/banking-system/george-friedman/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
