#knowledge
"During late Autumn 1956, in connection with a marketing study, I forecast the imminence of a major U.S. economic recession, triggered by the over-stretching of a post-1954 credit-bubble centered in financing of automobiles, housing, and analogous consumer goods. This recession broke out in February 1957 statistics, and was generally, if reluctantly acknowledged to have occurred several months later. The recession-spiral lasted into mid-1958, and was followed by a prolonged stagnation until an upturn appeared under the Kennedy administration."
React to this quote
More by Lyndon LaRouche
See allResonant Thoughts
Explore Further
Related Quotes
"I know this is going to sound peculiar but denon was the one who help me,im so glad, but you're not really …"
— Murray Walker"My delegation cannot refrain from speaking on this question — we who have such an intimate knowledge of box…"
— Golda Meir"Hard was what I wanted to do as a kid. I started in 1985 in Paris, when the videocassette was not yet "prot…"
— Rocco Siffredi"The truth is, that most men want knowledge, not for itself, but for the superiority which knowledge confers…"
— Sydney Smith"Government want to tell you things you can't say because they're against the law, or you can't say this bec…"
— George Carlin"A good capitalist system does not know waste. This system cannot allow these tens of thousands of men witho…"
— B. Traven