Quotessence
Home / Quotes / Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Author

Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Browse famous quotes and profile details for Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth. more

You May Also Like

“The American Society of Civil Engineers said in 2007 that the U.S. had fallen so far behind in maintaining its public infrastructure -- roads, bridges, schools, dams -- that it would take more than a trillion and half dollars over five years to bring it back up to standard. Instead, these types of expenditures are being cut back. At the same time, public infrastructure around the world is facing unprecedented stress, with hurricanes, cyclones, floods and forest fires all increasing in frequency and intensity. It's easy to imagine a future in which growing numbers of cities have their frail and long-neglected infrastructures knocked out by disasters and then are left to rot, their core services never repaired or rehabilitated. The well-off, meanwhile, will withdraw into gated communities, their needs met by privatized providers.”

“Simply put, we need plenty of risk capital flowing into the real economy and real startups solving real problems. You see, if we’re living in an environment where small businesses—the real engines of the economy and job creators—are dying faster than they are being born, you start to wonder what’s wrong with a financing system that is meant to deliver the oxygen for new ventures. Do you hear me, derivatives’ traders? By the end of 2019, those guys scored $559 trillion – which would be equal to almost seven times the world total GDP that same year. What can go wrong?”