#ld

The Berlin Wall wasn't the only barrier to fall after the collapse of the Soviet Union and the end of the Cold War. Traditional barriers to the flow of money, trade, people and ideas also fell. ↗

— Fareed Zakaria

#also #barrier #barriers #berlin #berlin wall

The world is changing very profoundly. ↗

— Fareed Zakaria

#profoundly #very #world

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

There is a huge crisis of employment in America, in the Western world in general. ↗

— Fareed Zakaria

#crisis #employment #general #huge #western

Things happening around the world are affecting you and me. ↗

— Fareed Zakaria

#around #happening #me #things #world

What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies. ↗

— Fareed Zakaria

#american economy #because #developments #economy #envy

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. ↗

— Mark Zandi

#back #bad #because #bonds #cataclysmic

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. ↗

— Mark Zandi

#fall #grows #home #often #prices

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

Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general. ↗

— Mark Zandi

#been #break #costs #cover #demand