I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.
Americans have a lower opinion of Congress than they do of the NFL replacement refs, head lice, traffic jams, cockroaches and even the group to which yours truly belongs - Washington political pundits.
I can't really go without being noticed. I'll keep my head a bit lower than usual. I've got to keep my head out of trouble, because if it goes on, it would be 'Harry Potter boy this, Harry Potter boy that.'
If you are prepared for some risk, junk bonds pay about 5%, but they tend to get whacked when interest rates rise. Same with lower-yielding but higher-quality corporate bonds.
I'm okay with having bad dance moves. I'm okay with having horrible lower teeth. That's what makes me me, and for some reason it's worked out all right.
People with lower incomes tend to give a greater percentage of their incomes to help others and show greater empathy and compassion - perhaps because they know they might face the same circumstances.
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.
I am an international leader, the dean of the Arab rulers, the king of kings of Africa and the imam of Muslims, and my international status does not allow me to descend to a lower level.
After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive.
We can assist other souls’ hearts and make their world brighter when they are traveling through a difficult experience not by lowering ourselves to their level of sadness but by lifting them up with the light of our joy.
There are people who feel they should be with you, but something is preventing them from coming close. Please can you just lower the frequency of your stern looking face and smile...and they will make you their habit.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
When you lower the definition of success to such a level that any person can reach it, you don’t teach people to have big dreams; instead you inspirit mediocrity and nurture people’s inadequacies.
Factory farming came about from a moral race to the bottom, with corporations vying against each other to produce more and bigger animals with less care at lower cost.
Efficiency innovations arise in industries that already exist. They provide existing goods and services at much lower costs. They are not empowering. Efficiency innovators become the low cost providers within an existing framework.
I believe it is an important project, it makes the cost of doing business lower and they will make us more competitive at the same time, it will also provide some satisfaction to the people who demand services for them of the quality they want and al...
It's time to level the playing field for small business owners and give them the same health care choices that large corporations have. Because they don't have as many employees, they have little ability to negotiate lower rates.
I can't help thinking if she - the director of a government agency - is this ignorant about what funding is available and where the money comes from - how often lower-level bureaucrats must give wrong answers when people are looking for help to start...
Certainly, the job of a U.S. senator is to create a climate conducive to creating jobs, which is lower taxes and less government regulation. What Harry Reid has been doing is putting forward those policies that actually put more regulation on busines...
The most effective way to shake an economy out of a terrible downturn when we're at the zero lower bound is an aggressive change in policy that makes people wake up, say 'this is a new day' and change their expectations.