“The energy crisis has not yet overwhelmed us, but it will if we do not act quickly. It's a problem that we will not be able to solve in the next few years, and it's likely to get progressively worse through the rest of this century. We must not be selfish or timid if we hope to have a decent world for our children and grandchildren. We simply must balance our demand for energy with our rapidly shrinking resources. By acting now we can control our future instead of letting the future control us.” IfsWorldYearsChildrenProblemAbleNextEnergyActingCenturyBalanceDemandResourcesOur ChildrenCrisisSolveSelfishAlternativesDecentOur FutureGrandchildrenOverwhelmedShrinkingChildren And GrandchildrenBeing SelfishEnergy CrisisActing Now Author:Jimmy Carter
“The unthinkable is that we're distorting this atmospheric balance. We're shifting the chemical balance so that we have more poisons in the atmosphere - ozones and acid rain on ground level - while we're also changing the thermal climate of the earth through the greenhouse effect and - get this - simultaneously causing destruction of our primary filter of ultraviolet light. It's incredible. Talk about the national-debt crisis - we're piling up debts in the atmosphere, and the piper will want to be paid.” WantLightEarthLevelsEffectsBalanceRainDestructionPaidCrisisClimateIncrediblesDebtPrimariesAtmospherePoisonGlobal WarmingChemicalsShiftingAcidFiltersUnthinkableGreenhousesNational DebtPipersOzoneThermalUltravioletAcid RainDebt Crisis Author:Michael Oppenheimer
“In the end, we must restore a balance within ourselves between who we are and what we are doing. Each of us must take a greater personal responsibility for this deteriorating global environment; each of us must take a hard look at the habits of mind and action that reflect - and have led to - this grave crisis.” MindLooksEndsHardActionResponsibilityEnvironmentGreaterHabitBalanceCrisisGravesWho We ArePersonal ResponsibilityHabits Of MindDeteriorating Book:Earth in the Balance: Forging a New Common Purpose Source: Earth in the Balance: Forging a New Common Purpose
“The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.” PeopleIfsWayEndsEnoughProblemHouseEconomyBalanceSolutionsOkayCrisisDebtReservesSheetsLendingFederal ReserveBalance SheetsHomeowners Author:Michael Hudson
“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.” KnowsLooksSometimesGrowsEasyGrowthAbilityCompanyKnow HowFocusEconomicExampleBalanceAdvantageCrisisMaking MoneyLandscapeAssetsSheetsSailingAccelerateCompetitive AdvantageEconomic CrisisLiquidityBalance Sheets Author:Reid Hoffman
“Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis.” ThinkingWorldLongBalanceCrisisMortgage Author:Max Keiser
“The problem right now is that central banks have not normalized their balance sheet since 2009. They're trying, but it's not even close. If we had another crisis tomorrow, and you had to do QE4 and QE5, how could you do that when you're already at $4 trillion? They might have to turn to the IMF or SDR or to Gold. Then, if you go back to the gold standard, you have to get the price right. People say there's not enough gold to support a gold standard. That's nonsense. There's always enough gold, it's just a question of price.” PeopleTryingEnoughProblemSupportBalanceTomorrowGoldCrisisNonsense Author:James Rickards
“Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.” YearsGrowthCasesEconomyGrowingEconomicBalanceMajorsHighestPercentCrisisCreditDebtCardsInequalityBritainHouseholdCrashTransfersCredit CardTextbooksRatiosGdpEconomic Crisis Author:Frances O'Grady
“Sometimes we need a personal crisis to reinforce in our minds what we really value and cherish. The scriptures are filled with examples of people facing crises before learning how to better serve God and others. Perhaps if you, too, search your hearts and courageously assess the priorities in your life, you may discover, as I did, that you need a better balance among your priorities.” PeopleIfsNeedsMindHeartMaySometimesValuesExampleBalanceCrisisFilledPrioritiesScriptureCherishServing God Author:M. Russell Ballard