It was late 1970s, I was 34 years old, and I had calculated that American banks had lent much more money to emerging countries than those countries were going to be able to pay back and that we would have the greatest debt crisis since the Great Depression.
Bile su kasne 1970-e, imao sam 34 godine, i izračunao sam da su američke banke posudile puno više novaca zemljama u razvoju nego što će te zemlje moći vratiti i da ćemo doživjeti najveću dužničku krizu od Velike depresije.