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"Fundamental systemic crises are often associated with the decline of the dominant imperial power and its increasing inability to sustain the system over which it had previously presided. The profound instability of the interwar period owed much to Britain's inability to maintain its role."

— Martin Jacques
martin jacques Quotes Crisis,Decline,Periods

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Martin Jacques
Crisis
Decline
Periods
Dominant
Inability
Instability

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When we talk about global crisis, or a crisis of humanity, we cannot blame a few politicians, a few fanatics, or a few troublemakers. The whole of humanity has a responsibility because it is our business, human business. I call this a sense of universal responsibility. That is a crucial point.

— Dalai Lama

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These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.

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