We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types.

We Americans are not about to stop borrowing as long as they give us money for nothing.

We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.

Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.

People aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society.

Unbridled capitalism will lead to some very real problems.

Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place