“If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?” IfsThinkingWorldStillsRealActingAttentionEconomySawsEconomicTruth IsCrisisKillingPay AttentionFlatsOne TimeMortgageGlobal EconomyEconomic CrisisSyncReal TruthWorld Is FlatMortgage Crisis Author:Thomas Friedman
“We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond - and it terrifies them.” ProblemPoliticalAbilityClassEconomicTruth IsProfoundScalesMagnitudeEconomic History Author:Hugh Hendry
“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.” PeopleThinkingWayNeedsSpeakSocialResultsEconomyEconomicFiguresTruth IsMassStandardsCapitalismHistoricalPopulationBeneficialUnprecedentedStandards Of LivingEpitaphMarket EconomySocial SystemsPropagandistWrens Author:Ludwig von Mises
“We call 'Slavery is wrong' a moral truth because there is a specific history of theoretical investigation of a particular kind of slavery. We discussed it for centuries in metaphysical, economic, biological, and philosophical terms; we listened to all the arguments pro and con, we read all the testimonies of slaves and witnesses, and we decided. Though this 'we" is not everybody on earth, or even most people, who've never thought about slavery much.” PeopleKindEarthTermMoralEconomicCenturyParticularTruth IsArgumentDecidedPhilosophicalSlaverySlaveWitnessInvestigationMetaphysicalTestimonyTheoreticalPros And Cons Author:Catherine Wilson
“The truth is we have a political system and an economic system controlled by a few extremely wealthy people. Not Barack Obama, not Bernie Sanders, no one person has the influence by himself or herself to take on this enormous array of power unless millions of people begin to work together to demand changes.” PeoplePersonsTogetherPoliticalMillionsInfluenceEconomicTruth IsDemandEnormousBarackWorking TogetherWealthyControlledPolitical SystemsEconomic Systems Author:Bernie Sanders
“It isn't easy for everyone in Germany to make ends meet through well-paid work in Germany. You have to have sufficient skills and work hard. And I also know that we have much too much poverty and inequality here. Still, our parents and grandparents built an incredibly prosperous and peaceful country. One shouldn't, of course, play down the degree to which this is dependent on our economic strength. The truth is that Moscow, Beijing and Washington have one thing in common: They don't value the European Union at all. They disregard it.” CountryValuesEasyParentCommonPovertyEconomicHard WorkTruth IsPeacefulInequalityGrandparentProsperousEuropean Union Author:Sigmar Gabriel
“The truth is that we have long had a multi-track Europe with very different objectives. The traditional differences between the north and the south in fiscal and economic policy are far less problematic than those that exist between Eastern and Western Europe. In the south and east, China is steadily gaining more influence, such that a few EU member states no longer dare to make decisions that run counter to Chinese interests. You see it everywhere: China is the only country in the world that has a real geopolitical strategy.” WorldLongDifferentRealCountryRunningInterestDecisionInfluenceEconomicPolicyTruth IsStrategyWesternDareChineseEastern Author:Sigmar Gabriel