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You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.

Fareed Zakaria

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Fareed Zakaria
Age: 60
Born: 1964
Born: January 20
Economist
Essayist
Journalist
Political Scientist
Reporter
Bombay
Fareed Rafiq Zakaria
Becomes
Risk
Goes
Cheap
Greater
Risks
Start
Capital
People
Credit
Cost
Taking

More quotes by Fareed Zakaria

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If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.
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Some have said that the clash between Catholicism and Protestantism illustrates the old maxim that religious freedom is the product of two equally pernicious fanaticisms, each cancelling the other out.
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The great drama of Russian history has been between its state and society. Put simply, Russia has always had too much state and not enough society.
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There is very strong historical data that suggest the way societies grow is by making large, long-term investments.
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Strip away the usual hot air, and bin Laden's audiotape is the sign of a seriously weakened man.
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The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that.
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It's not possible for two countries to be the leading dominant political power at the same time.
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Whenever someone says the word community, I want to reach for an oxygen mask.
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Democracy is also a single ideology, and, like all such templates, it has its limits. what works in a legislature might not work in a corporation.
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But as the arms-control scholar Thomas Schelling once noted, two things are very expensive in international life: promises when they succeed and threats when they fail.
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Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.
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The situation in Syria is quite different from Libya.
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It all looks American because America, the country that invented mass capitalism and consumerism, got there first. the impact of mass capitalism is now universal.
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In a world awash in debt, power shifts to creditors.
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American influence is not what it used to be.
Fareed Zakaria
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I enjoy writing but I much prefer the experience of having written.
Fareed Zakaria
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If a senator calls me up and asks me what should we do in Iraq, I'm happy to talk to him.
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I think it is quite untrue that it is standard journalistic practice to name the interviewer when quoting from an interview.
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In the 1990s, we were certain that Saddam Hussein had a nuclear arsenal. In fact, his factories could barely make soap.
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I should not be judged by a standard that's not applied to everyone else.
Fareed Zakaria