“What America has succeeded in creating is not an economy impervious to shocks, but merely one which enables their consequences to be postponed to a later date.”

— Peter D. Schiff

http://blogcritics.org/politics/article/peter-schiff-for-us-senate/ [http://news.bbc.co.uk/2/hi/business/4206656.stm <br class="br">Economic Views

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "What America has succeeded in creating is not an economy impervious to shocks, but merely one which enables their conse…" by Peter D. Schiff?

Peter D. Schiff40

American entrepreneur, economist and author 1963

Harvey S. Rosen (1949) American economist

Source: Public Finance - International Edition - Sixth Edition, Chapter 15, The Personal Income Tax, p. 342

“Reminding people what in reality it is all about, giving them a theme on which to ponder, creating a shock within them, pulling them out of the delusion of non authenticity, enabling them to become aware of their true possibilities.”

Antoni Tàpies (1923–2012) Catalan painter, sculptor and art theorist

quote from 1976
1945 - 1970
Source: Tàpies, Werke auf Papier 1943 – 2003, Achim Sommer, Kunsthalle Emden, Altana 2004, p. 25

“Sleep is the interest we have to pay on the capital which is called in at death; and the higher the rate of interest and the more regularly it is paid, the further the date of redemption is postponed.”

Arthur Schopenhauer (1788–1860) German philosopher

“Since it is September 11th we’re talking about, perhaps it’s in the fitness of things that we remember what that date means, not only to those who lost their loved ones in America last year, but to those in other parts of the world to whom that date has long held significance.”

Arundhati Roy (1961) Indian novelist, essayist

Source: Articles, Come September (29 Sep 2002)

“Look at what Bush has done. The economy took an incredible hit after September 11. That was a huge shock to the economy. And we've recovered a lot quicker than we thought, thanks to Bush and his economic policy.”

Christine O'Donnell (1969) American Tea Party politician and former Republican Party candidate

Donahue
2002-11-22
TV appearances

“Today, local economies are being destroyed by the "pluralistic," displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place.”

Wendell Berry (1934) author

Interview in New Perspectives Quarterly (1992), quoted in his Profile at The Poetry Foundation http://www.poetryfoundation.org/archive/poet.html?id=540

“There is only one kind of shock worse than the totally unexpected: the expected for which one has refused to prepare.”

Mary Renault book The Charioteer

Source: The Charioteer