"The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, or next autumn; it could come next year; it will almost certainly occur during President William Clinton's first term in office; it will occur soon. That collapse into disintegration is inevitable, because it could not be stopped now by anything but the politically improbable decision by leading governments to put the relevant financial and monetary institutions into bankruptcy reorganization."

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It is noticeable how intuitively in age we go back with strange fondness to all that is fresh in the earliest dawn of youth. If we never cared for little children before, we delight to see them roll in the grass over which we hobble on crutches. The grandsire turns wearily from his middle-aged, careworn son, to listen with infant laugh to the prattle of an infant grandchild. It is the old who plant young trees; it is the old who are most saddened by the autumn; and feel most delight in the returning spring.

— Edward Bulwer-Lytton, 1st Baron Lytton