“It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
Quote by James Grant
Author
You May Also Like
“[T]he first bad bank loan was no doubt made around the time of the opening of the first bank.”
“It is wonderful how the mind is stirred and quickened into activity by brisk bodily exercise.”
Source: Letters of Marcus Tullius Cicero: with his treatises on friendship and old age
Source: The Call of the Wild and White Fang
“Physical fitness is in. I recently had a physical fit myself.”
“Every man is surrounded by a neighborhood of voluntary spies.”
