All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.


A Short History of Financial Euphoria (ed. Penguin, 1994) - ISBN: 9781101650806

John Kenneth Galbraith Quotes

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.