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Quote by Melissa de la Cruz

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Rings of Fate

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Author

Melissa de la Cruz
Melissa de la Cruz

Melissa de la Cruz (born September 7, 1971) is an American author known for her young adult and adult fiction. Born in Manila, Philippines, she moved to the United States and graduated from Columbia University. Her works span genres including fantasy, romance, and mystery, with notable series such as Blue Bloods and The Descendants. Her books have sold millions of copies worldwide and been translated into multiple languages. She also worked as a fashion magazine editor, and her writing style blends pop culture elements with social insights. more

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“Економічний розвиток відбувається лише тоді, коли він не блокується економічними невдахами, які відчувають, що їхні економічні привілеї будуть втрачені, й політичними лузерами, які бояться позбутися своєї політичної влади.”

“The one plentiful herds of magazine writers would continue to be culled - by the Internet, by the recession, by the American public, who would rather watch TV or play video games or electronically inform friends that, like, 'rain sucks!' But there's no app for a bourbon buzz on a warm day in a cool, dark bar. The world will always want a drink.”

“Because the lenders sold many—though not all—of the loans they made to other investors, in the form of mortgage bonds, the industry was also fraught with moral hazard. “It was a fast-buck business,” says Jacobs. “Any business where you can sell a product and make money without having to worry how the product performs is going to attract sleazy people.”

“It is ludicrous to believe that asset bubbles can only be recognized in hindsight,” he wrote. “There are specific identifiers that are entirely recognizable during the bubble’s inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud…. The FBI reports mortgage-related fraud is up fivefold since 2000.” Bad behavior was no longer on the fringes of an otherwise sound economy; it was its central feature.”