HEmma

“These illusions affect all of us. It's as if we are on the outside looking in. The illusion is that others' lives are perfect and that we don't quite measure up. Cracked Mirror Clear Reflection sheds light on the challenges we all face in…”
― Julie Barbera

“Greece’s economic problems weren’t new. For decades, the country had been plagued by low productivity, a bloated and inefficient public sector, massive tax avoidance, and unsustainable pension obligations. Despite that, throughout the 2000s, international capital markets had been happy to finance Greece’s steadily escalating deficits, much the same way that they’d been happy to finance a heap of subprime mortgages across the United States. In the wake of the Wall Street crisis, the mood grew less generous. When a new Greek government announced that its latest budget deficit far exceeded previous estimates, European bank stocks plunged and international lenders balked at lending Greece more money. The country suddenly teetered on the brink of default.”
― Barack Obama, A Promised Land

“I believe that everyone should keep a reserve of liquidity outside their portfolio to meet family emergencies. While a portfolio can be part liquidated relatively quickly, there have been times, such as the secondary banking crisis of the early 1970s or the 2008 subprime/banking crash, when markets have plunged and stocks have become almost unsaleable.”
― John Lee, How to Make a Million – Slowly: Guiding Principles from a Lifetime of Investing

“Our deepest fear is not that we are inadequate. Its that we are powerful beyond measure. It is our light, not our darkness, that most frightens us. We ask, 'Who am I to be brilliant, gorgeous, talented, fabulous?' Actually, who are you not to be?”
― Marianne Williamson