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John L. Casti Quotes: The world is awash in more debt than there is money enough in the world to liquidate it.
         

The world is awash in more debt than there is money enough in the world to liquidate it.


John L. Casti
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"John L. Casti Quotes." Quoteslyfe.com, 2024. Sat. 20 Apr. 2024. <https://www.quoteslyfe.com/quote/The-world-is-awash-in-more-debt-741383>.





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Other quotes of John L. Casti


The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades.

The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades.



I do not believe that there is any person, method, or tool that can consistently and reliably predict specific human events, X- or otherwise.

I do not believe that there is any person, method, or tool that can consistently and reliably predict specific human events, X- or otherwise.



Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.

Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.



Reality is a wave function traveling both backward and forward in time.

Reality is a wave function traveling both backward and forward in time.



At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.

At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.



I don't think the emergence of a superhuman intelligence would be at all catastrophic but much more likely to be beneficial - just as long as we don't start trying to interfere with it!

I don't think the emergence of a superhuman intelligence would be at all catastrophic but much more likely to be beneficial - just as long as we don't start trying to interfere with it!



I believe is that we can forecast the "changing landscape of context," and thus get insight into when we are entering the danger zone of an X-event.

I believe is that we can forecast the "changing landscape of context," and thus get insight into when we are entering the danger zone of an X-event.



I think that in the immediate aftermath of a superhuman machine intelligence revealing itself, most people would feel very threatened but take solace in the thought that we can always pull the plug.

I think that in the immediate aftermath of a superhuman machine intelligence revealing itself, most people would feel very threatened but take solace in the thought that we can always pull the plug.



The process of globalization has now interconnected almost everything ranging from financial markets to transport networks to communication systems in a huge system that no one really understands.

The process of globalization has now interconnected almost everything ranging from financial markets to transport networks to communication systems in a huge system that no one really understands.





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There was no such thing as luck. Luck was a word idiots used to explain the consequences of their own rashness, and selfishness, and stupidity. More often than not bad luck meant bad plans.

There was no such thing as luck. Luck was a word idiots used to explain the consequences of their own rashness, and selfishness, and stupidity. More often than not bad luck meant bad plans.



Freedom is never easily won, but once established, freedom lasts, spreads and chokes out tyranny.

Freedom is never easily won, but once established, freedom lasts, spreads and chokes out tyranny.



The more I help out, the more successful I become. But I measure success in what it has done for the people around me. That is the real accolade.

The more I help out, the more successful I become. But I measure success in what it has done for the people around me. That is the real accolade.



The dichotomy between art and industry is totally dysfunctional in terms of film.

The dichotomy between art and industry is totally dysfunctional in terms of film.



Planned Parenthood and Human Rights Campaign are standing up and fighting the important fights that have to be fought.

Planned Parenthood and Human Rights Campaign are standing up and fighting the important fights that have to be fought.



Religion is something that gets hammered in early, and never really goes away. And has powers to move which go beyond anything rational.

Religion is something that gets hammered in early, and never really goes away. And has powers to move which go beyond anything rational.



Do not enforce the tired wolf Dragging his infected wound homeward To sit tonight with the warm children Naming the pretty kings of France.

Do not enforce the tired wolf Dragging his infected wound homeward To sit tonight with the warm children Naming the pretty kings of France.



Nobody whom this war has touched will ever be happy again in quite the same way. But it will be a better happiness, I think, little sister - a happiness we've earned.

Nobody whom this war has touched will ever be happy again in quite the same way. But it will be a better happiness, I think, little sister - a happiness we've earned.



I'm a little more measured. That sense of urgency I thought accompanied things - it can take a little longer. You have to take the long view.

I'm a little more measured. That sense of urgency I thought accompanied things - it can take a little longer. You have to take the long view.




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This page presents the quote "The world is awash in more debt than there is money enough in the world to liquidate it.". Author of this quote is John L. Casti. This quote is about debt, money, world, enough,.