Political Quotes

Earl Pomeroy: “Well, we now know the truth. It grew like a great big souffle. It was air, over-leveraged air; and it collapsed.”

On the recordFebruary 2, 2009
Well, we now know the truth. It grew like a great big souffle. It was air, over-leveraged air; and it collapsed.
Said by
Earl Pomeroy
North Dakota

Editor's note · Context

Pomeroy critiques the unsustainable growth of the economy due to risky financial practices.

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