Jeremy Grantham quoteJeremy Grantham [0-0]
British Businessman 
Quote rank: 121
| Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also need serial pleasant surprises in such critical variables as global GNP growth. |
SourceThe script ran 0 seconds.
