Risk is not a dirty word.

The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.

Countries don't go out of business....The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources don’t go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company.

The information revolution has changed wealth. Intellectual capital is far more important than money.

Risk is not a dirty word.

There'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics.

Banking is a branch of the information business.