“The world is awash in more debt than there is money enough in the world to liquidate it.” WorldEnoughDebt Author:John L. Casti
“Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.” TryingProblemCreatingCornersSolveDebtBarsAlcoholics Author:John L. Casti
“At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.” WorldWayRealityAcceptingHugeDebtAssetsBitesBulletsRatiosDownsizing Author:John L. Casti