Becomes Quote by Walker Stapleton

We prefer an orderly resolution to the debt crisis and we're moving in that direction. But the most important thing is that the deal…

— Alberto Fernandez

And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county…

— Rodrigo Rato

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.

— Ludwig von Mises

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis…

— Ludwig von Mises

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us…

— Alan Greenspan

If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually…

— Adair Turner, Baron Turner of Ecchinswell

Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently…

— Ludwig von Mises

It's the deleveraging that's going on right now that has caused the credit crisis.

— Warren Buffett

The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to…

— Barack Obama

Preventing liquidation of an unbalanced market will leave you in tears.

— Ben Bernanke

The final outcome of the credit expansion is general impoverishment.

— Ludwig von Mises

When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of…

— Stephen A. Schwarzman