--- title: "4 Carmen Reinhart Quotes - Famous Economist" description: "American economist... | Carmen M. Reinhart is a Cuban-American economist and the Minos A. Zombanakis Professor of the International Financial System at ..." image: "https://sms4smile.com/quotes/i/963/carmen-reinhart-68139_belief_the-essence-of-the-this-time-is-differen_556414.jpg" --- # Carmen Reinhart (1955) Economist **4** quotes in **64** categories Rate this collection: ★ ★ ★ ★ ★ No ratings yet Carmen Reinhart is an economist. ## Quick Facts About Carmen Reinhart Born October 7, 1955 Profession Economist ## About Carmen Reinhart American economist... \| Carmen M. Reinhart is a Cuban-American economist and the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Professor of Economics and Direc ## Quotes by Carmen Reinhart > [The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people…](https://sms4smile.com/quotes/carmen-reinhart/the-essence-of-the-this-time-is-different-syndrome-is-rooted-in-the/) Carmen Reinhart [Belief](https://sms4smile.com/quotes/about/belief/) [Image](https://sms4smile.com/quotes/i/963/carmen-reinhart-68139_belief_the-essence-of-the-this-time-is-differen_556414.jpg) > [Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence - especially in cases in which large short-term…](https://sms4smile.com/quotes/carmen-reinhart/perhaps-more-than-anything-else-failure-to-recognize-the/) Carmen Reinhart [Image](https://sms4smile.com/quotes/i/700/carmen-reinhart-68139_bangs_perhaps-more-than-anything-else-failure_751509.jpg) > [The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.](https://sms4smile.com/quotes/carmen-reinhart/the-biggest-threat-to-advanced-economies-is-that-debt-will-accumulate/) Carmen Reinhart [Image](https://sms4smile.com/quotes/i/609/carmen-reinhart-68139_debt_the-biggest-threat-to-advanced-economies_1510441.jpg) > [If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the…](https://sms4smile.com/quotes/carmen-reinhart/if-there-is-one-common-theme-to-the-vast-range-of-crises-it-is-that/) Carmen Reinhart [Accumulation](https://sms4smile.com/quotes/about/accumulation/) [Image](https://sms4smile.com/quotes/i/f0d/carmen-reinhart-68139_accumulation_if-there-is-one-common-theme-to-the-vast_3161179.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/author/carmen-reinhart/#itemlist", "name": "Carmen Reinhart Quotes", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people in other countries at other times; crises do not happen to us, here and now. We are doing things better, we are smarter, we have learned from past mistakes. The old rules of valuation no longer apply. 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Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.", "creator": { "@type": "Person", "name": "Carmen Reinhart" }, "url": "https://sms4smile.com/quotes/carmen-reinhart/perhaps-more-than-anything-else-failure-to-recognize-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/700/carmen-reinhart-68139_bangs_perhaps-more-than-anything-else-failure_751509.jpg", "contentUrl": "https://sms4smile.com/quotes/i/700/carmen-reinhart-68139_bangs_perhaps-more-than-anything-else-failure_751509.jpg", "url": "https://sms4smile.com/quotes/i/700/carmen-reinhart-68139_bangs_perhaps-more-than-anything-else-failure_751509.jpg", "width": 1080, "height": 1080, "caption": "“Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence…” — Carmen Reinhart", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.", "creator": { "@type": "Person", "name": "Carmen Reinhart" }, "url": "https://sms4smile.com/quotes/carmen-reinhart/the-biggest-threat-to-advanced-economies-is-that-debt-will-accumulate/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/609/carmen-reinhart-68139_debt_the-biggest-threat-to-advanced-economies_1510441.jpg", "contentUrl": "https://sms4smile.com/quotes/i/609/carmen-reinhart-68139_debt_the-biggest-threat-to-advanced-economies_1510441.jpg", "url": "https://sms4smile.com/quotes/i/609/carmen-reinhart-68139_debt_the-biggest-threat-to-advanced-economies_1510441.jpg", "width": 1080, "height": 1080, "caption": "“The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.” — Carmen Reinhart", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.", "creator": { "@type": "Person", "name": "Carmen Reinhart" }, "url": "https://sms4smile.com/quotes/carmen-reinhart/if-there-is-one-common-theme-to-the-vast-range-of-crises-it-is-that/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f0d/carmen-reinhart-68139_accumulation_if-there-is-one-common-theme-to-the-vast_3161179.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f0d/carmen-reinhart-68139_accumulation_if-there-is-one-common-theme-to-the-vast_3161179.jpg", "url": "https://sms4smile.com/quotes/i/f0d/carmen-reinhart-68139_accumulation_if-there-is-one-common-theme-to-the-vast_3161179.jpg", "width": 1080, "height": 1080, "caption": "“If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether…” — Carmen Reinhart", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "Person", "@id": "https://sms4smile.com/quotes/author/carmen-reinhart/#person", "name": "Carmen Reinhart", "url": "https://sms4smile.com/quotes/author/carmen-reinhart/", "description": "American economist... | Carmen M. 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