Quotes About Finance

I want to highlight that Italy, every year, sends 6 billion euros in cash to Brussels. I cannot give these 6 billion euros to Brussels and then let them damage us on the fronts of agriculture, migration, fishing, commerce and finance. Why am I giving 6 billion to receive nothing in return?

Those who have contributed great positive innovations to our society, from the pioneers of genetic understanding to the pioneers of the Information Age, have received a pittance compared with those responsible for the financial innovations that brought our global economy to the brink of ruin.

I've got to tell you, I haven't received any $500,000 checks lately.

I have no salary from the Lugar Center. Essentially, the moneys we have received has been from foundations.

When the banks crashed the global economy in 2007-08, it was they who received a bailout while the rest of us got austerity.

One reason George Soros has been able to be so active in the political arena is that he has received a considerable amount of our tax dollars to fund his activities.

No one saw the recession coming.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

We simply can't spend our way out of a recession.

All of this talk of recession offends me. I am delighted that bankers have less money.

Experience shows that a recession is never the result of just a few large industries dragging the economy down while the others continue to expand.

You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.

Expansions do not die of old age. The probability of recession in the following year is the same for a three-year-old expansion as it is for a five- or six-year-old expansion.

A government can't cut its way out of a recession any more than you can dig yourself out of a hole.

Nobody's profitable at this moment, because recession is on; advertising dollars are down, and expenses are way up. So that kind of belies the situation that you would expect, because the ratings are way up everywhere.

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

The early-'80s recession was good for good restaurants, not least because it put bad ones out of business.

Aggressive government spending during the Great Recession was absolutely necessary.

I'm sometimes accused of being hostile to mutual funds. That's not fair, really. There is a place for them. Still, I am hostile to one thing, which is trying to use funds to time your way in and out of the market. That's a recipe for very bad results.

Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all.

The government must recognise that taxing retailers differently is reckless.