“We had a booming stock market in 1929 and then went into the world's g...” — Jeffrey Sachs Quote

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

Russia has gone through eight years of continuing economic pain.

The essence of Africa's crisis is fundamentally its extreme poverty.

I think the IMF helped to detonate the Indonesian crisis.

The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.

I started studying business and finance in Edinburgh as a backup plan. I was still making music many hours a day, and when I was at university, the electronic music boom started really taking off globally.

You don't want to have so much money going toward your mortgage every month that you can't enjoy life or take care of your other financial responsibilities.

The Finance Ministry will ensure regular assessment so that our announcements, especially those pertaining to the banking sector, are implemented in a time-bound manner. We are here to support small businesses and the industry at large.

I have millions of dollars, and I don't know finance. I've had some bad things happen in my career. I've got to educate myself. I sit down with my finance guy once a month and go over everything, line by line.