A country does not go bankrupt.

When you retire you go from Who's Who to Who's That?

As long as capital-both human and money-can move toward opportunity, trade will not balance.

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.

I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want to love their organizations. We need that level of commitment ... Yet organizations have done very little to deserve that kind of staying-power.

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

Banking is a branch of the information business.