Quotessence
Home / Topics / Crisis Quotes

Crisis Quotes

Browse 2533 quotes about Crisis.

Related topics

Crisis Quotes

“The required techniques of effective reasoning are pretty formal, but as long as programming is done by people that don't master them, the software crisis will remain with us and will be considered an incurable disease. And you know what incurable diseases do: they invite the quacks and charlatans in, who in this case take the form of Software Engineering gurus.”

“If we look around, then, at the crucial problem areas of our society - the areas of crisis and failure - we find in each and every case a “red thread” marking and uniting them all: the thread of government. In every one of these cases, government either has totally run or heavily influenced the activity.”

“Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence - especially in cases in which large short-term debts need to be rolled over continuously - is the key factor that gives rise to the this-time-is-different syndrome. Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.”

“When excesses such as lax lending standards become widespread and persist for some time, people are lulled into a false sense of security, creating an even more dangerous situation. In some cases, excesses migrate beyond regional or national borders, raising the ante for investors and governments. These excesses will eventually end, triggering a crisis at least in proportion to the degree of the excesses. Correlations between asset classes may be surprisingly high when leverage rapidly unwinds.”

“Quite frankly, I have to admit that with regard to the enormous financial assets and funds of Russian leaders in Western banks and on stock markets, the chances for the West to exert influence on Russia are quite low. I doubt that Western leaders are willing to exert pressure. I would not exclude an intervention in case of a crisis.”

“I think the right way to do this is just to step up and do it, so I actually think we'll see more of that over the next coming weeks, because I think they'll say, "We'd like to be good for business and quiet on politics, but this is too urgent, it is too much of a key crisis in who we are going to become as Americans. We can risk too much, and so we have to step forward." And I think you will see more and more people stepping forward, like Howard Schultz, Steve Case and other folks, in order to try to make a difference in this [Donald Trump] election.”

“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.”

“A case can certainly be made that Christians bear a major responsibility for our ecological crisis. But the fault is not their biblical but their unbiblical view of nature. Christians have long failed to understand what the Bible really teaches concerning nature and our responsibility for it. For this there is no excuse. Repentance must be our first response. Our second response must then be to right the wrongs of our faulty understanding and act accordingly. We are all responsible to know what can be known of God's will for nature, and we are then responsible to act on that knowledge.”

“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.”

“All crises begin with the blurring of a paradigm and the consequent loosening of the rules for normal research. .. Or finally, the case that will most concern us here, a crisis may end with the emergence of a new candidate for paradigm and with the ensuing battle over its acceptance.”

“To end the crisis [of gun violence], we have to regulate -or, in the case of handguns and assault weapons, completely ban -the product. We are far past the [point] where registration, licensing, safety training, background checks, or waiting periods will have much effect on firearms violence.”