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Quote by Jeffrey Sachs

“If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.”

Quote by Jeffrey Sachs

Author

Jeffrey Sachs is a renowned economist born on November 5, 1954. He has extensive research and contributions in the fields of global development, poverty reduction, and sustainable development. Sachs has served as a special advisor to the Secretary-General of the United Nations, guiding the formulation and implementation of the United Nations Millennium Development Goals (MDGs). more

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“My concern is not that there are too many sweatshops, but that there are too few.”

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“Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery.”

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