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Quote by G-Eazy

“It's important to push yourself to get better at your craft - whatever that is. It's important to grow and evolve with each project.”

Quote by G-Eazy

Author

G-Eazy
G-Eazy

G-Eazy, born George Ezala, is an American rapper and songwriter. He was born on May 24, 1989, in Oakland, California. Known for his unique musical style and profound lyrical content, G-Eazy blends elements of hip-hop, pop, and alternative rock. His representative works include 'These Things Happen', 'When It's Dark Out', and 'Still K.O.', among others. more

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“The basic aggregate measure of gearing or leverage is telling us that today's advanced economies' operating systems are more heavily dependent on private sector credit than anything we have ever seen before. Furthermore, this pattern is seen across all the advanced economies, and isn't just a feature of some special subset (e.g. the Anglo-Saxons).”

“In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they have occurred more often, and 2008 was the most damaging of them all to date. If we have moved back to a regime of regular financial crises - like the one we had from the 1870s to the 1930s - then our economic future will be very different from our recent past.”

“Macroeconomic stability will be more elusive and that will affect all of our lives: from the risks many will face in childhood, to the security of employment at working age, to the challenge of accumulating for retirement. More financial instability will introduce more uncertainty all down the line, and that will be a very different world than the one we would have lived in only a couple of decades ago.”

“A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.”