I think investing in a good education has been key for me, although the investment was more in time than money.

In the history of modern capitalism, crises are the norm, not the exception.

Edward Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading.

You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.

All the risky things that were happening back in ’06 and ‘07 are back again to the same level, if not more. So we are in the beginning of a credit bubble, but just the beginning.

We're essentially continuing a system where profits are privatized and...losses socialized.

I am not going to say I told you so, but I did.