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Jeffrey Sachs
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Let's start fresh with Russia on some real help and some real reform.
- Jeffrey Sachs
#Fresh
#Help
#Real
#Russia
#Start
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
#Europe
#Gold
#Money
#Possible
#Price
There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now.
- Jeffrey Sachs
#Face
#Now
#Right
#Strength
#Will
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
#Early
#Good
#Long-Term
#Pay
#World
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
#Action
#America
#Development
#Government
Unfortunately, the real focus in this country has not been on the rest of the world. It's been on our own issues and our own problems. Fair enough. But it means that our simple hopes that everything will just work out abroad aren't really coming to pass.
- Jeffrey Sachs
#Focus
#Problems
#Simple
#Work
#World
The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge.
- Jeffrey Sachs
#Drama
#End
#Historical
#New
#Political
Devaluations are never easy.
- Jeffrey Sachs
#Easy
#Never
The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.
- Jeffrey Sachs
#Cancel
#Debts
#Obstruction
#Would
#You
The great leaders of the second world war alliance, Franklin Roosevelt and Winston Churchill, understood the twin sides of destruction and salvation. Their war aims were not only to defeat fascism, but to create a world of shared prosperity.
- Jeffrey Sachs
#Create
#Defeat
#Great
#War
#World
Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world.
- Jeffrey Sachs
#Criticism
#Experience
#Far
#More
#World
We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy.
- Jeffrey Sachs
#Democracy
#Face
#Great
#Money
#Russia
In my view, there is an urgent need to communicate with the public and help to explain where there is consensus, and where are there doubts about the issues of sustainable development.
- Jeffrey Sachs
#Help
#Sustainable Development
#View
Globalization was a deep trend pushed by technology and right ideas, as much as anything else.
- Jeffrey Sachs
#Globalization
#Ideas
#Technology
#Trend
We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.
- Jeffrey Sachs
#Bubble
#Depression
#Finance
#Stock Market
#Will
#World
We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.
- Jeffrey Sachs
#Finance
#Rest
#Security
#View
#World
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