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Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.


James Chanos


#bigger #bubbles #china #credit #excess

What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations.


James Chanos


#bailed #banks #bonds #bubbles #china

If we know the divine art of concentration, if we know the divine art of meditation, if we know the divine art of contemplation, easily and consciously we can unite the inner world and the outer world.


Sri Chinmoy


#concentration #consciously #contemplation #divine #easily

Even now when I am answering a question I am at the height of my own meditation.


Sri Chinmoy


#answering #even #even now #height #i

Far more thought and care go into the composition of any prominent ad in a newspaper or magazine than go into the writing of their features and editorials.


Marshall McLuhan


#any #care #composition #editorials #far

I trust it will not be giving away professional secrets to say that many readers would be surprised, perhaps shocked, at the questions which some newspaper editors will put to a defenseless woman under the guise of flattery.


Kate Chopin


#defenseless #editors #flattery #giving #guise

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.


Kenneth Clarke


#cost #countries #creditor #debt #difference

Critics search for ages for the wrong word, which, to give them credit, they eventually find.


Peter Ustinov


#credit #critics #eventually #find #give

What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.


Nick Clooney


#behind #changed #credit #does #every

Whereas my producer literally worked on this thing for 10 years and because I gave that presenter credit to David Lynch, she to this day never gets credit. It really kills me.


Terry Zwigoff


#credit #david #david lynch #day #gave






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