“My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.”
Quote by Nassim Nicholas Taleb
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“The government increasingly resembles somebody who is trying to give the kiss of life to a corpse.”
“There's a rumour going around that states cannot go bankrupt. This rumour is not true.”
Source: Enron
“When we're talking about a trillion dollars of taxpayer money, "trust me" just isn't good enough.”
“There are no atheists in foxholes and there are no libertarians in financial crises.”
