“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.”
Author details
Related authors
Other Jeffrey Sachs Quotes
Globalization was a deep trend pushed by technology and right ideas, as much as anything else.
Jeffrey Sachs 
58% of people like this quote
The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.
Jeffrey Sachs 
56% of people like this quote
Roosevelt talked not only about Freedom from Fear, but also Freedom from Want.
Jeffrey Sachs 
56% of people like this quote
