Bubbles Quote by James Chanos

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.

— James Chanos

America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to…

— Joseph Stiglitz

China never borrowed less than $3 billion a year during my tenure. They were the most significant client. They used the Bank not just…

— James Wolfensohn

Bailouts may have been more tolerable in the early 1990s when they were rare and their use for a failing bank was uncertain. That…

— Jerome Powell

Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't…

— James P. Gorman

The real bubble in China is in US Treasuries, in US dollars.

— Peter Schiff

The banks are not lending, at least from what I see. They were so wild and reckless back in the good times that they…

— Ben Stein

“The China Bubble is the biggest bubble in history, and the bigger the bubble, the bigger the bust. There will be blood in the…

— Peter B. Lockhart

“Myth: Bail-in plans would recapitalize big banks. Fact: big banks are far too insolvent to remotely be in a position for such restoration.”

— Ziad K. Abdelnour

When the banks crashed the global economy in 2007-08, it was they who received a bailout while the rest of us got austerity.

— David Olusoga

If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed meals a…

— Matt Taibbi

At some point the Japanese, Chinese and Saudi buyers of US and European Government bonds will see just what miserable value they offer. Then…

— Luke Johnson