Quotes from Wilbur Ross
A company not under sanction is just like any other company, period.
~ Wilbur Ross
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The whole idea of a trade deal is to build a fence around participants inside and give them an advantage over the outside. So there's a conceptual flaw in that, one of many conceptual flaws in NAFTA.
~ Wilbur Ross
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There's trade, there's sensible trade, and there's dumb trade.
~ Wilbur Ross
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The one term I don't like to be called is a 'vulture.' Because to me, a vulture is a kind of asset-stripper that eats dead flesh off the bones of a dead creature. Our bird should be the phoenix, the bird that reinvents itself, recreates itself from its ashes. And that's much closer to what it is that we really do.
~ Wilbur Ross
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Washington, D.C., is the new Wall Street. No significant financial transaction of any consequence occurs without it.
~ Wilbur Ross
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To me, the most terrifying form of warfare would be if there was some simultaneous cyber attack on our grid, on the banking system, and on our transportation system. That would be quite a devastating thing, and yet in theory, absent some real protective measures, that could happen.
~ Wilbur Ross
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If you think about it: a big bank in any country, what is it? Really, as an investment, it's a warrant on economy.
~ Wilbur Ross
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Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.
~ Wilbur Ross
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Part of the reason why I'm supporting Trump is that I think we need a more radical, new approach to government - at least in the U.S. - from what we've had before.
~ Wilbur Ross
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If trade deficits are good, why is China so pleased that they run a huge trade surplus? It's perfectly obvious that if China hadn't been such a huge net-exporter, it never would have grown at the rate that it did.
~ Wilbur Ross
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Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon.
~ Wilbur Ross
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If you add up all the promises any politician makes, the math doesn't work. Hillary Clinton's math doesn't work; Donald's math probably doesn't work. I think you have to listen to their campaign pitches more as symbolic, more as metaphors.
~ Wilbur Ross
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Each weekend I play at least one and maybe two sets of tennis a day. My doubles team was in the finals recently at my tennis club in Palm Beach and lost a tiebreaker after a three-hour match. I must confess, by the end of the three hours, I was relieved it was over.
~ Wilbur Ross
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We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.
~ Wilbur Ross
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The way we'll get more jobs is by creating new industries, new companies, businesses that are higher tech and therefore can compete.
~ Wilbur Ross
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I'm a very big proponent of cloud. We've used it a lot in private sector, and as far as we can tell, it is not only more efficient, it's probably also more secure for lots of very complicated technical reasons. I think it's a very important thing for government to do, and also to have systems that talk to each other.
~ Wilbur Ross
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If you add up all the promises any politicians makes, the math doesn't work.
~ Wilbur Ross
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The E.U., China, and Japan all talk free trade, and they all practice protectionism.
~ Wilbur Ross
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In many critical things, such as the very high purity of the aluminium we need in aerospace, we only have one producer. That's not a good formula.
~ Wilbur Ross
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China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.
~ Wilbur Ross
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The rules of origin in NAFTA need some tightening. Rules of origin are what let material outside of NAFTA to come in and benefit from all the taxes and tariff reductions within NAFTA.
~ Wilbur Ross
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There isn't a bank in the world that could withstand a run. They all borrow short and lend long, regardless of what they say.
~ Wilbur Ross
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I don't think there's anything inherently wrong with a bank being big. In fact, there are some good arguments about universality of geography that in theory, if you have all your eggs in one little community, and some big employer goes out, that could be your downfall.
~ Wilbur Ross
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Shale gas, if left to flourish, could create several hundred thousand more jobs.
~ Wilbur Ross
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