"The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money"

Mortimer Zuckerman's quote is a cautioning about the potential consequences of relying too heavily on obtained cash. He recommends that if we continue to count on borrowed money, we may deal with a duration of stagnancy in the long-lasting. This stagnancy might be brought on by the inability to pay back the borrowed cash, resulting in a decline in economic activity and a reduction in the standard of living. This stagnation could likewise lead to a reduction in investment, which could even more minimize economic development. In addition, the dependence on borrowed cash might lead to an increase in debt, which might cause an increase in interest rates, even more reducing economic activity. Ultimately, Mortimer Zuckerman's quote is an alerting about the potential repercussions of relying too greatly on borrowed money, and suggests that we should beware to avoid this situation.