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— Jimmy Hoffa"Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers."
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Debt is always repaid, either by the borrower or by the lender.
— James Grant
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Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.
— Jeffrey Gundlach
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