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"Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities."

— Alan Greenspan
alan greenspan Quotes Technology,Household,Information Technology

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Alan Greenspan
Technology
Household
Information Technology
Driven
Reach Out
Improvement
Borrowing
Lending
Lenders

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What would tomorrow bring? I wondered. Both hands on the wheel, I closed my eyes. I didn’t feel like I was in my own body; my body was just a lonely, temporary container I happened to be borrowing. What would become of me tomorrow I did not know.

— Haruki Murakami

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As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth ... to provide men with buying power. ... Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. ... The other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped.

— Marriner Stoddard Eccles

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