Quotes About Financial crisis

The U.S., France, Germany and Canada have all responded to the financial crisis by boosting rather than cutting their science funding. The U.K. has not.

If the Asian financial crisis had the impact of accelerating China's rise, the transatlantic financial crisis has had the effect of accelerating Germany's rise.

They say the people most affected by the credit crunch are pensioners - well, let go of the handbag then, Nanna.

During the financial crisis, I worked with hundreds of executives who struggled as a result of their thoughts about job security. When their beliefs changed, so did their emotional experience - and they were then able to focus on the task at hand more effectively.

And if quality were truly the goal, then how come a company like Rolls Royce very nearly went bankrupt?

Minnesotans lost their jobs because the credit rating agencies didn't do the only job they're supposed to have, the only job they had, which is to give accurate, objective ratings to financial products.

The political ramifications of our festering financial and economic crisis have reached the sidewalks of New York, as well as other large and small cities across the US.

In 2008, when the real estate market blew up, it principally hurt older people who saw the value of their houses go down, along with their pension plans.

I think we are all interested in end-times ideas and also in the current climate that we are all living in, where money is a little harder to come by, things continue to get expensive; gas prices are not too far from people's heads. There are more and more people. Human society's going to have real problems.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail.

The financial crisis caused tremendous pain, but it also made us reevaluate what's most important in our lives—things that have nothing to do with money. It was a time to get back to basics, to the values that have sustained us through troubled times before. For me, it made me remember the days when I was sleeping in my car homeless and searching for a way to change my life. How did I do it? Books!

Here is the reality: most people couldn't stomach another 2008 without selling some or all of their investments.

let the Dow Jones plunge and markets all over the world also plummet. Some economists have advocated the decoupling of economies, but the crash in global markets, preceded by the financial crisis in the United States, is a stark reminder of the inter-dependence of the nations of the world, increasing ever since the first true decoupling occurred when God scattered the residents of the original Babylon and formed the nations.

Banks: "We should anticipate that at any point in time our U.S. banking system could suffer a blow from which it could not bounce back and which would result in government takeover…In whatever way it may start, if it starts, a series of major bank failures would totally alter the nation as we now know it.

It was not just on the farms that the pressures of four years of failure were building. Thirteen million workers were unemployed in 1933. Industrial production that year was half of its 1929 total, according to the Federal Reserve. Gross national product also had been cut in half, Detroit produced one third the number of automobiles, and stocks had lost three quarters of their value.

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

No one saw the recession coming.

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

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

The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy.

There is no question that the recovery from the global recession triggered by the 2008 financial crisis has been unusually lengthy and anemic.

When the 1929 crash wiped out disposable income, there were not enough consumers to fuel a recovery.