“The world has existed for 3 billion years. Debt has never destroyed the world. People came out of the caves. They made tools. Civilizations fell and started and fell and started. In the 1930s we had the dustbowl of the midwest, 22% unemployment, no jobs for anyone, and the rise of the most terrible tyrants in history in Germany, Japan, and the Soviet Union (and many would also say the US). And we survived and flourished. The 1950s and 1960s (and the 1980s and 1990s and even the 00s) became the periods of greatest innovation, creativity, and success in every way.”

http://www.jamesaltucher.com/2012/09/ask-james-16-trillion-in-debt-love-what-you-do-how-to-make-a-million-dollars-and-more/

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