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  4. Alan Greenspan
  5. The very nature of finance is that it cannot be profitable...

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

Alan Greenspan
Long, Debt, Finance
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.