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The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis.
I believe that when an elder dies, a library is burned: vast sums of wisdom and knowledge are lost. Throughout the world libraries are ablaze with scant attention.
Considering the importance of resentment in our lives, and the damage it does, it receives scant attention from psychiatrists and psychologists. Resentment is a great rationalizer: it presents us with selected versions of our own past, so that we do not recognize our own mistakes and avoid the necessity to make painful choices.
I thought depression was the part of my character that made me worthwhile. I thought so little of myself, felt that I had such scant offerings to give to the world, that the one thing that justified my existence at all was my agony.
At least 80 percent of American prisoners are grossly over-sentenced. The Supreme Court knows this, but shows scant concern for this human side of criminal justice.