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.
Foi no final dos anos 70, eu tinha 34 anos, e havia calculado que os bancos americanos haviam emprestado muito mais dinheiro para países emergentes do que esses países seriam capazes de pagar e teríamos a maior crise de dívidas desde a Grande Depressão.