What did James Grant mean by: Hope sustains life, but misplaced hope prolongs recessions. - James Grant Historian · Scotland Copy
+ Credit is money of the mind. Feraz Zeid, August 3, 2023December 12, 2023, James Grant, Credit, Mind, 0 - James Grant Historian · Scotland
+ Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Gold, 0 - James Grant Historian · Scotland
+ The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Debt, Hangover, Sex, 0 - James Grant Historian · Scotland
+ Debt is always repaid, either by the borrower or by the lender. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Debt, Investment, 0 - James Grant Historian · Scotland
+ Progress is cumulative in science and engineering, but cyclical in finance. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Banking, Engineering, Progress, 0 - James Grant Historian · Scotland
+ The Fed can change how things look, not how things are Feraz Zeid, October 7, 2023December 26, 2023, James Grant, Feds, 0 - James Grant Historian · Scotland
+ Every debt is ultimately paid, if not by the debtor, then eventually by the creditor. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Creditors, Debtors, Paid, 0 - James Grant Historian · Scotland
+ [T]he first bad bank loan was no doubt made around the time of the opening of the first bank. Feraz Zeid, January 17, 2024January 17, 2024, James Grant, Banking, Doubt, 0 - James Grant Historian · Scotland
In a recession, you must be able to call into question everything you’ve done before. - Francois-Henri Pinault Businessman
I was asked what I thought about the recession. I thought about it and decided not to take part. - Sam Walton Entrepreneur · USA
If there’s a recession, I’d buy stocks. That’s when you make money: when markets are spooked. - Ben Stein Actor · USA