#u

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

— Jeffrey Sachs

#also #fear #freedom #freedom from #only

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

— Jeffrey Sachs

#deep #else #globalization #ideas #much

The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves. ↗

— Jeffrey Sachs

#debts #i #obstruction #suggest #won

If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. ↗

— Jeffrey Sachs

#always #could #did #europe #expand

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days. ↗

— Jeffrey Sachs

#days #debt #demanded #due #lot

In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better. ↗

— Jeffrey Sachs

#been #better #bit #borrow #capital

In the early 1990s, when a lot of the developing world opened up to international capital flows... they ended up in very good long-term projects, but projects that weren't going to pay off for five or 10 or 20 years. ↗

— Jeffrey Sachs

#developing #developing world #early #early 1990s #ended

Let's start fresh with Russia on some real help and some real reform. ↗

— Jeffrey Sachs

#help #real #real reform #reform #russia

Russia has gone through eight years of continuing economic pain. ↗

— Jeffrey Sachs

#economic #eight #gone #pain #russia

Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments. ↗

— Jeffrey Sachs

#actions #almost #america #authority #aware