We had a booming stock market in 1929 and then went into the world's g…

“We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.”

Jeffrey Sachs · Finance

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Jeffrey Sachs

We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.

Finance

Jeffrey Sachs

There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now.

Strength

Jeffrey Sachs

Roosevelt talked not only about Freedom from Fear, but also Freedom from Want.

Fear

Jeffrey Sachs

Globalization was a deep trend pushed by technology and right ideas, as much as anything else.

Technology

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