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Growth Quotes

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Growth Quotes

“I experienced a lot of spiritual growth when I started traveling to Europe and playing basketball. I saw that just because I was away from home didn't mean Jesus wasn't with me. He is everywhere and you can see signs of Him in the most remote places in the world through people who don't even speak your language. Jesus is universal.”

“In Europe there's an dangerous growth of ultra xenophobia which is pretty threatening to any one who remembers the history of Europe... and an attack on the remnants of the welfare state. It's hard to interpret the austerity-in-the-midst-of-recession policy as anything other than attack on the social contract.”

“Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.”

“It is very difficult to enter a single currency zone having fairly weak economic parameters and maintain a favourable state of the economy, not to mention positive growth rates. We have witnessed it not only in Europe, but for example in Argentina (nearly 10 years ago or more), when they tied the national currency to the dollar and later they did not know what to do about it.”

“Bloomberg TVThe one thing I think is likely to happen under either candidate is massive fiscal stimulus. You have so many voters in Western Europe and North America who've had no real income growth for over 10 years, and they are, in the words of Howard Beale, "Mad as hell and not going to take it anymore."”

“We've got to make sure that we rebuild the infrastructure in America, because we used to be - have the best bridges, the best roads, the best airports. And now, when you go to China or you go to Europe, you see that they are outstripping us in terms of infrastructure. And if we put people back to work, that would be good not only in the short term, but it would also lay the foundation, the framework for long-term economic and job growth.”

“America did not need to be discovered because quite simply America had the American-Indians. There were whole groups of people that already lived there including very developed societies such as the Incas, the Aztecs, and the Mayans. But then came the European vision that saw the conquest as a source of advanced growth away from medieval Europe. The new revolutionary bourgeois trend formed a new perspective on what was democracy that they saw as an improvement to the democracy of ancient Greece.”