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Spain and France had accumulated debts of more than ten times their annual revenues. Historically, such levels of government indebtedness had led to … - Michael Lewis
" "Spain and France had accumulated debts of more than ten times their annual revenues. Historically, such levels of government indebtedness had led to government default. “Here’s the only way I think things can work out for these countries,” Bass said. “If they start running real budget surpluses. Yeah, and that will happen right after monkeys fly out of your ass.”
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About Michael Lewis
Michael Lewis (born October 15, 1960) is an American contemporary non-fiction author and financial journalist. He is currently a contributing editor to Vanity Fair.
Biography information from Wikiquote
Also Known As
Alternative Names:
Michael M. Lewis
•
Michael Monroe Lewis
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It's hard to make something that's interesting. It's really, really hard. It's like a law of nature, a law of aerodynamics, that anything that's written or anything that's created wants to be mediocre. The natural state of all writing is mediocrity... So what it takes to make anything more than mediocre is such an act of will...
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