“How did you go bankrupt?' Bill asked.
'Two ways,' Mike said. 'Gradually and then suddenly.”

— Ernest Hemingway, book The Sun Also Rises

Book 2, Ch. 13
Mike's response is often misquoted as "It occurs first very slowly, then all at once."
Source: The Sun Also Rises (1926)

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Ernest Hemingway501

American author and journalist 1899–1961

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