Pamela Stephenson

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.

We are the most powerful nation in the world, but we're not the only nation in the world. We are not the only people in the world. We are an important people, the wealthiest, the most powerful and, to a great extent, generous. But we are part of the world.