Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
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Nationality: American Type: Businessman Born: 1949 |
“The reader feels as if he is in Chongjin, where starving people ate the bark off trees; or atop Mount Taesong with the elite of Pyongyang, whose existence is a mix of sadism and whimsy; or with the masses who are bombarded day and night with the propaganda of North Korea's alternate reality.”
“I think I'm in the same mood as ever, but in some ways more mature. I guess you could say that, at 65, when you've seen the world shape up as I have, there are only two things you can do: laugh or kill yourself.”