#eat

One of the things that has been very difficult in Libya is the sense of uncertainty - the sense that they haven't actually finished the revolution, that there was still a great deal of uncertainty. That uncertainty has made Libya harder for business in terms of oil and other things as well. ↗

— Fareed Zakaria

#been #business #deal #difficult #finished

The great drama of Russian history has been between its state and society. Put simply, Russia has always had too much state and not enough society. ↗

— Fareed Zakaria

#been #between #drama #enough #great

There's a great tradition in storytelling that's thousands of years old, telling stories about kings and their palaces, and that's really what I wanted to do. ↗

— Aaron Sorkin

#great #i #kings #old #palaces

You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks. ↗

— Fareed Zakaria

#capital #cheap #cost #credit #down

Teachers believe they have a gift for giving; it drives them with the same irrepressible drive that drives others to create a work of art or a market or a building. ↗

— A. Bartlett Giamatti

#art #believe #building #create #drive

Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half. ↗

— Mark Zandi

#akron #areas #average #between #certain

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. ↗

— Mark Zandi

#born #bullet #caused #crisis #depression

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate. ↗

— Mark Zandi

#against #become #during #economic #economy

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. ↗

— Mark Zandi

#although #been #demonstrates #during #economy

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating