Economic Crisis Quotes

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.

I will come up with a project that will wipe out poverty in the Philippines in two years. I want to remove the people from economic crisis by using the Marcos wealth. Long after I'm gone, people will remember me for building them homes and roads and hospitals and giving them food.

In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education.

To overcome poverty and the flaws of the economic crisis in our society, we need to envision our social life. We have to free our mind, imagine what has never happened before and write social fiction. We need to imagine things to make them happen. If you don't imagine, it will never happen.

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime.

It was clear soon after his election that Obama, like FDR, wanted to start dealing with the economic crisis immediately after his inauguration.

By failing seriously to confront the most predicable economic crisis in our nation's history, the President's policies are committing us and our children to a diminished future.

If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.

In a world wracked by hatred, economic crisis, and political tension, America remains mankind's best hope.

It's true across the U.K. that those who had least to do with causing the economic crisis are carrying the heaviest burden. That's unacceptable.

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?

I think that if we don't get these politicians to come together we face the most predictable economic crisis in history.

I am also well aware that literature only has a minimal influence on political disputes or economic crises in the world, but its significance to human beings is ancient.

Poverty is not only about income poverty, it is about the deprivation of economic and social rights, insecurity, discrimination, exclusion and powerlessness. That is why human rights must not be ignored but given even greater prominence in times of economic crisis.

Democrats are making it clear that they intend to use our economic crisis to rush through their longtime liberal goals without public scrutiny or debate. ... This will increase burdens on taxpayers and take a significant step toward socialized medicine.

The reason our economic crisis has been forestalled is the reason there will be an economic crisis.

Social unrest and protectionism are the two major risks of the world economic crisis.

Europe has been in the grip of a very serious economic crisis for few years, so there have been major cuts to anti-terrorist funding, to intelligence funding. So we do not have the manpower to carry on this kind of monitoring.

The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

I ran for president because I wanted to help Lithuania and its people during a difficult time. My country was on the very edge of an economic crisis, and people were disappointed by the economic situation and the political elite. We all needed change and motivation to consolidate our efforts in order to overcome the difficulties.

Racism is always there underneath, but usually it is exploited in these times of economic crisis, and it's hard to find out when one slides into another.

We all knew this. We all knew that it would take more time than any of us want to dig ourselves out of this hole created by this economic crisis.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.

The worldwide financial and economic crisis seems to highlight their distortions and above all the gravely deficient human perspective, which reduces man to one of his needs alone, namely, consumption. Worse yet, human beings themselves are nowadays considered as consumer goods which can be used and thrown away.

I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.

What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression during the summer of 2008 when they tried to resolve the economic crisis by printing valueless money. This is the business privilege given to them at the famous conference of Bretton Woods in 1944 when the United States emerged as the superpower after Europe and the rest of the world, mainly Europe, that had collapsed because of the war.

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

One of the really key things to look at in terms of crafting strategy when you're in an economic crises is how do you maximize essentially your liquidity position? Your ability to both take kind of profits and revenues and business and then convert that into a stronger lead. And so those companies that can do that can actually, you know, get a march on their competitors.

It is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television.

It's not just an economic crisis that capitalism has created. We also face an environmental catastrophe created by a handful of gigantic fossil fuel corporations.

We can't afford the wrath of Heaven. We survived a deluge by the skin of our teeth, but an economic crisis would be disastrous.

Canadian money is also called the loony. How can you take an economic crisis seriously?

Fundamentally transforming the foundations of the economy is the biggest contribution we can make towards building a sustainable future. The current economic crisis may be painful, but it will be nothing compared with the crises we will face if we continue to grow in a way that threatens the life-support systems on which we rely

We can become very short-sighted in terms of objectives. The first thing to go during times of economic crisis and budget cuts is funding for things that are essential and not-quantifiable, like the arts. Save Big Bird

Much of the shadow banking sector, a major contributor to the economic crisis, was also only possible because of taxhaven secrecy.

There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.

Now, in economic crises times, the kind of things you're looking at is it's generally harder to get capital, revenue growth may be more, revenue lines may be unstable or growth may be less easy to predict that you're going to get to. And so what you do is you take a certain conservative approach of when, as all entrepreneurs should do, you plan for both good luck and bad luck, you put extra time on, "Okay, if I have bad luck, what do I do about that?"

If you can capture the humanity of a family struggling in an economic crisis you can make a difference. You can raise awareness just of the simple humanity.

For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis isn't just bad taste, it's bad strategy, and I will not tolerate it as president.

I was elected by the people of Australia as Prime Minister of Australia. I was elected to do a job, I intend to continue doing that job. I intend to continue doing it to the absolute best of my ability. Part of that job has been to steer this country through the worst economic crisis the world has seen in 75 years.

If you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.

Barack Obama is a president who, when he had to deal with the 2008 economic crisis, has led the American economy on a completely different path than the one that Europe has chosen eight years later.

The current economic crisis...has numerous causes and sends a powerful message about the need for a profound revision of the model of global economic development. It's an acute symptom that is added to other more grave and already well-known ones, such as the continued imbalance between wealth and poverty, the scandal of hunger, the ecological emergency and the problem of unemployment, which has now become general. In this context a strategic re-launching of agriculture appears decisive.

Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

I think everyone's dream is to be an actress, but I never really thought it was going to happen. Now that it's happening, it's incredible. I do a lot of other things, too. I'm not stuck in this little world. I'm aware that we're in the middle of an economic crisis in the U.S. There's a lot going on in the world, and I'm really happy and excited about what I have and I don't take it for granted. I'm pretty lucky.

Times of economic crises can change what the competitive landscape looks like, because when, for example, you have boom times, capital is easy to come by, growth is easy, sometimes what you focus on is, you know, how to accelerate in the boom. During economic crises, the question is, the companies that come out of, you know, that are sailing through that with the best liquidity, both assets on the balance sheet, making money, ability to grow their businesses, get a disproportionate competitive advantage.

Obviously, our most pressing need is subsistence for the most vulnerable victims of Katrina, but we should not overlook the fact that the victims of Katrina also include middle-class Americans who have saved and invested, but now face an economic crisis, .. They should be able to tap into their savings and meet this crisis without facing an unfair penalty.