“Everybody knows that this wonderful house of cards is going to collapse at some point and everybody is nervous that this kind of situation, as we are seeing in Asia could be the precipitating event.”
“What is worrisome about that is the U.S. standard of living. I think it is very difficult to envision our standard of living being preserved if we're in an economy where all people do is flip hamburgers, wait on people in stores and sue each other. It's not much of a basis for an economy.”
