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Joseph Stiglitz Quotes: America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.
         

America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.


Joseph Stiglitz
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Other quotes of Joseph Stiglitz


International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.

International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.



Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.



It is trust, more than money, that makes the world go round.

It is trust, more than money, that makes the world go round.



There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.



What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.



American inequality didn't just happen. It was created.

American inequality didn't just happen. It was created.



The problem is a lot of what is called economics is not economics. It is more ideology or religion.

The problem is a lot of what is called economics is not economics. It is more ideology or religion.



Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.



The striking thing about America is - it's historically, extraordinary unusual, I don't of any other instance - is that productivity of workers and wages have not moved in tandem.

The striking thing about America is - it's historically, extraordinary unusual, I don't of any other instance - is that productivity of workers and wages have not moved in tandem.



In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.





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Despite everything - your lies, your wounds, I cannot help but love you. I'm helpless against it.

Despite everything - your lies, your wounds, I cannot help but love you. I'm helpless against it.



The sea hath no king but God alone.

The sea hath no king but God alone.



The race is long but in the end it is only with YOURSELF.

The race is long but in the end it is only with YOURSELF.



There's nothing surprising about me. I'm dull. I am a fan of the New York subway. I love it.

There's nothing surprising about me. I'm dull. I am a fan of the New York subway. I love it.



Tantra is non-dogmatic, in the sense that we don't care about the sensual world; we don't care about other religious traditions. To not care doesn't mean that we don't learn.

Tantra is non-dogmatic, in the sense that we don't care about the sensual world; we don't care about other religious traditions. To not care doesn't mean that we don't learn.



... it is because sympathy is but a living again through our own past in a new form, that confession often prompts a response of confession.

... it is because sympathy is but a living again through our own past in a new form, that confession often prompts a response of confession.



To freemen, threats are impotent. [Lat., Nulla enim minantis auctoritas apud liberos est.]

To freemen, threats are impotent. [Lat., Nulla enim minantis auctoritas apud liberos est.]



Your mental attitude gives your entire personality a drawing power that attracts the circumstances, things and people you think about most!

Your mental attitude gives your entire personality a drawing power that attracts the circumstances, things and people you think about most!



Everyone in showbiz is driven by ego, so how do you go from having loads of fame to working at 7-11? You can't do it!

Everyone in showbiz is driven by ego, so how do you go from having loads of fame to working at 7-11? You can't do it!



I have no plan to retire anytime soon, although remember I am 50 years old!

I have no plan to retire anytime soon, although remember I am 50 years old!




Quote Description


This page presents the quote "America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.". Author of this quote is Joseph Stiglitz. This quote is about finance, saving, foreigners, china, surprising, household, america, debt, zero,.