Large deficits will result in rising interest rates and an ever-growing ratio of debt service to GDP (gross domestic product),


Alan Greenspan

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International GDP (Gross Domestic Product) is expected to grow substantially more than U.S. GDP over...
CHARLES PRINCE
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a perce...
BILL GROSS
Markets are going to drift in this range ... until corporate profits and GDP (gross domestic product...
DONALD SELKIN
Even though the interest rate rise had been discounted, a half percentage point rise in local intere...
JAMES SO
The result appears to be a moderate deficit, less than 1 percent of gross domestic product.
GUILLERMO ORTIZ
Rising incomes combined with falling interest rates positively affected the domestic market.
ANFAVEA PRESIDENT ROGELIO GOLFARB
I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points (a half-percent...
GREG VALLIERE
Japan's exports to us are only three percent of its gross domestic product (GDP), ... Their total ex...
FRANK VARGO
In general, the twin deficits (trade and federal) will be an ongoing source of volatility in the dol...
ALAN GAYLE
I think that you're seeing acceleration in economic activity, in terms of consumer spending and real...
BILL DUDLEY
We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense, ... Don't you ...
ROBERT LONG
We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense. Don't you thin...
ROBERT LONG
According to our calculation, 30 percent is the maximum increase (if the economy is) to achieve 8.0 ...
BURHANUDDIN ABDULLAH
It's painfully clear that the longer Japan waits to address its fiscal deficit, the fewer plausible ...
CARL WEINBERG
It's useful to remember where we were in 2003 with liberation. In 2003, Iraq had the highest debt .....
AMBASSADOR SPECKHARD
It's useful to remember where we were in 2003 with liberation. In 2003, Iraq had the highest debt .....
AMBASSADOR DANIEL SPECKHARD
Spain, a country of 41 million people, boasts a greater Gross Domestic Product (GDP) than the GDP of...
LARRY ELDER
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ROB CARNELL
When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.
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It's not that the regulator doesn't want the banking industry to grow. The growth of the ind...
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Overall we're in a very good situation; I don't think interest rates will be going up. Greenspan is ...
GREGORY SMITH
Unless Japan moves to reduce its fiscal deficit sharply -- in the fat years of this business cycle -...
CARL WEINBERG
We would like to be as conservative as possible in terms of the revenue side in the next budget and ...
LUIS ERNESTO DERBEZ
We would like to be as conservative as possible in terms of the revenue side in the next budget and ...
LUIS ERNESTO DERBEZ
In March and April, interest rates were going up very gradually, and tech investors figured Greenspa...
BERNARD BAUMOHL
Medicare is growing at a rate of 8.5 percent per year, the federal budget at 5.2 percent and the gro...
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Gross National Happiness is more important than Gross Domestic Product. attr to Buthan's King Jigme ...
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There will be a rude awaking early next year. We expect first-quarter gross domestic product to cont...
ANDREAS SCHEUERLE
Clearly people feel less wealthy and people are going to focus on what happens to the direction of i...
GREGG HYMOWITZ
Card rates are rising faster than the rise in general interest rates.
JUSTIN MCHENRY
Acceleration in U.S. growth and rising energy costs will likely translate into higher long-term [int...
AMY CUTTS
Acceleration in U.S. growth and rising energy costs will likely translate into higher long-term [int...
AMY CREWS CUTTS
Inflation is the wild card for 2006, with rising oil prices, an increase in commodity prices, slow p...
JOSEPH SENECA
The massive debt we have racked up to finance our wasteful government is pulling down growth today. ...
JEFF SESSIONS
We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Re...
ALAN BLINDER
If the primary cause of rising interest rates is growing demand for capital, then this should be reg...
KATHY MATSUI
The big shift for 2006 will be interest rates rising outside the U.S..
ANTON PIL
When consumers are burdened with heavy debt loads, rising interest rates, higher energy costs, no pe...
BERNARD BAUMOHL
Lower figures for the recently released producer-price index and consumer- price index, and lower bu...
AMY CREWS CUTTS
People are complacent about interest rates now. There is a risk that the emerging strength of the da...
BILL EVANS
We may have hit bottom here, to some extent, ... We're facing two quarters -- the fourth of 2001 and...
LARA RHAME
The ratings on Sri Lanka are vulnerable due to the country's high government debt and ongoing large ...
AGOST BENARD
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the ...
FRANCES O'GRADY
By 2030, up to 10 percent of the world's gross domestic product could be linked to space in some...
DYLAN TAYLOR
So far, the debt payment ratio (of loan payments to income) hasn't been higher this decade than duri...
HEATHER BOUSHEY
We are having a little back-off in the bond market today in anticipation of what (Federal Reserve Ch...
BERNADETTE MURPHY
So far it's been an easy roll, with interest rates rising at a steady gradual pace.
LAURENCE MEYER
Alan Greenspan tends to give a tougher talk in a speech when he is not going to raise rates than he ...
WAYNE ANGELL
I think Alan Greenspan is wrong,
JAMES HOFFA
Some companies have given disappointing results. Their shares suffer in an environment with risks, i...
EDWIN SLAGHEKKE
Video should add probably another $800 million of gross sales. 'Titanic' could provide the gross dom...
ED HATCH
Some technology stocks are being cut because of concern that high oil prices and rising interest rat...
SIMON CHAO
We think the ISM services number is one of the worst monthly pieces of data there are. On a month-to...
ETHAN HARRIS
Even if interest rates weren't rising, home prices are very high relative to income. So, people are ...
CELIA CHEN
Perhaps it's a function of the fears that (Fed Chief Alan) Greenspan has already gone too far (with ...
CLARK YINGST
Real-denominated debt rates are unlikely to fall until the central bank rates meetings in late Janua...
JOSE ROBERTO CARREIRA
In absolute terms, the deficit is high. However, this will contribute significantly to the country's...
ABDULNABI MACKI
The prospects for a rate cut have certainly increased. You have weaker inflation and in addition the...
GEORGE BUCKLEY
He risks having to take unpopular measures to bring down the Italian deficit below three percent of ...
ANTONIO MISSIROLI
These growing deficits and debt threaten our nation's long-term economic security. As deficits climb...
KENT CONRAD
As long as they are rising, the ECB tends to raise interest rates.
JOERG KRAEMER
With all this consumer debt, business debt, government debt, smaller movements in interest rates hav...
BILL GROSS
Growth in real gross domestic product amounted to 4.5 percent in 2004, and preliminary anecdotal evi...
XOLILE GUMA
Fresh worries about rising inflation in the US and the extent to which the US Federal Reserve will r...
FRANCIS LUN
Investment bankers do much of their business underwriting government bonds, in the United States and...
MURRAY ROTHBARD
Today's figures show that in the fourth quarter of 2005, consumers simply ran out of steam. When con...
CHRISTIAN WELLER
While the general economy was relatively flat in the fourth quarter of last year as measured by the ...
DANIEL MECKSTROTH
With the rather stable ratio of labor force to total population, a high rate of increase in per capi...
SIMON KUZNETS
The lack of waiting time in Germany was notable because they spend a lower percentage of their gross...
CATHY SCHOEN
Employment is likely to be much weaker going forward and the jobless rate will keep rising as the ec...
JARROD KERR
We expect the economy to reach 4.5 percent real gross domestic product growth and the rand to revisi...
DEBBIE ORGILL
Taken together with the buoyancy of the service sector, the manufacturing figures leave us on track ...
NICK KOUNIS
The strength of the housing market this year continues to surprise, despite rising home prices and s...
GREGORY KLUMP
Good earnings are the main support for European markets. On the other hand, Europe will not be spare...
JEAN BORJEIX
We know that there is growing concern among the public about rising rates of antibiotic resistance.
JANEZ POTOCNIK
Because Chinese GDP is growing at 8 to 10 percent, it provides a huge source of incremental demand f...
BEN WALKER
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary ...
BEN BERNANKE
As a general rule, as income rises, so debt increases, but in the very low income groups we find an ...
GOOLAM BALLIM
We have solid employment growth, stable interest rates and rising immigration. They are all supporti...
BOB CUNNEEN
This type of data can be political, because aid is given in relation to real gross domestic product ...
ROBERT FEENSTRA
Prices are rising, but not fast enough to prompt the central bank to raise interest rates. Inflation...
IM NO JUNG
I think Mr. (Federal Reserve Chairman Alan) Greenspan is partially responsible for the latest declin...
PETER CARDILLO
In any year, there is always a certain percentage of dealers losing money. [Rising ] interest rates ...
PAUL TAYLOR
If the past is any guide, the effect of rising interest rates is likely to be felt most visibly in h...
DONALD KOHN
I wouldn't be surprised to see (the Dow) trend lower because markets don't trend up in a time of ris...
GRACE FEY
Typically stocks don't do well in the face of rising interest rates so I don't think anyone is going...
LOUIS HOLLAND
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But ...
PETER WELCH
A torrent of public works spending and a windfall of liquidity moving into checking accounts from Po...
CARL WEINBERG
A torrent of public works spending and a windfall of liquidity moving into checking accounts from Po...
CARL WEINBERG
The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers&...
MARTIN FELDSTEIN
Rising fuel prices will keep a lid on consumer spending for some time, slowing economic growth. The ...
SHANE OLIVER
Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congress...
CHRISTINA ROMER
The real goal should be reduced government spending, rather than balanced budgets achieved by ever r...
THOMAS SOWELL
It's interesting how the view from abroad can shift and remake perceptions of homegrown celebrit...
TINA BROWN
Corporate profits will likely fall, but remain a large portion of GDP,
CONRAD DEQUADROS
We are still cautious about Treasuries because global interest rates are rising. I'll wait before bu...
MASAYUKI SENDA
This shows we're in a full-blown recovery and I think you're going to see even stronger gross domest...
GARY WOLFER
We have received expressions of interest from a large number of Continental fleet-service workers an...
JOE TIBERI
Should the global economy suffer a period of slower demand, which is a distinct possibility given ri...
WILLIAM ADAMS
It's clear that the target the White House has set of halving the deficit (as a percentage of gross ...
STEPHEN SLIVINSKI

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I can't complain that I've had a public all through my writing life, but people don't qu...
ALAN BENNETT
I didn't even have a clear idea of why I wanted to go to Oxford - apart from the fact I had fall...
ALAN BENNETT
I'm all in favour of free expression provided it's kept rigidly under control.
ALAN BENNETT
I do not long for the world as it was when I was a child. I do not long for the person I was in that...
ALAN BENNETT
All knowledge is precious whether or not it serves the slightest human use.
ALAN BENNETT
We were all miners in our family. My father was a miner. My mother is a miner. These are miner's...
ALAN BENNETT
Life is generally something that happens elsewhere.
ALAN BENNETT
I've never seen the point of the sea, except where it meets the land. The shore has a point. The...
ALAN BENNETT
Were we closer to the ground as children, or is the grass emptier now?
ALAN BENNETT
Your whole life is on the other side of the glass. And there is nobody watching.
ALAN BENNETT
Children always assume the sexual lives of their parents come to a grinding halt at their conception...
ALAN BENNETT
Life is like a box of sardines and we are all looking for the key.
ALAN BENNETT
Teachers need to feel they are trusted. They must be allowed some leeway to use their imagination; o...
ALAN BENNETT
Closing a public library is child abuse, really, because it hinders child development.
ALAN BENNETT
If you keep yourself alive and current, funny is funny.
ALAN KING
I have such a stressful job that the only way I can get it out of my mind is by running hard.
ALAN TURING
I have had a dream indicating rather clearly that I am on the way to being hetero, though I don'...
ALAN TURING
I want a permanent relationship, and I might feel inclined to reject anything which of its nature co...
ALAN TURING
Mathematical reasoning may be regarded rather schematically as the exercise of a combination of two ...
ALAN TURING
No, I'm not interested in developing a powerful brain. All I'm after is just a mediocre brai...
ALAN TURING
I want to enjoy not getting recognised while it lasts. But the mask is a symbol of unity. Anyone can...
ALAN WALKER
Hitler's dictatorship rested on the constitutional foundation of a single law, the Enabling Law.
ALAN BULLOCK
The ego is nothing other than the focus of conscious attention.
ALAN WATTS
In software systems it is often the early bird that makes the worm.
ALAN PERLIS
People who are really serious about software should make their own hardware.
ALAN KAY
I'll work overtime to open the doors of opportunity to industry and commerce.
ALAN AUTRY
Life is a lot more interesting if you are interested in the people and the places around you. So, il...
ALAN MOORE
I like Jacques Derrida; I think he's funny. I like my philosophy with a few jokes and puns. I kn...
ALAN MOORE
We cannot be more sensitive to pleasure without being more sensitive to pain.
ALAN WATTS
Hypocrisy is not a way of getting back to the moral high ground. Pretending you're moral, saying...
ALAN DERSHOWITZ
Being offended by freedom of speech should never be regarded as a justification for violence.
ALAN DERSHOWITZ