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— Reid Hoffman"There are opportunities that you get during crises times. Crises times are a great time to start a business."
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Each crisis is different, has its own specificities, and we need to look at it critically; look at each one in its own terms.
— Kofi Annan
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China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If countries know they can't rely on the IMF to help them, their best defense is their own reserve cushion. In a time of spreading global recession, too much emphasis on savings in surplus countries like China can impede prospects for global growth.
— Joseph Stiglitz
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