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Crisis Quotes

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Crisis Quotes

“Such a person needs meditation more than anyone else because they are headed for a crisis. If stress and anxiety are so great that you can't even imagine a calm clear mind, that indicates you are reaching your coping limits, and need to begin something like meditation just for the stress reduction benefits.”

“You know, it's very clear, as one looks back on history again of the Cold War that, following the crisis in Cuba, following the Khrushchev - beating down of Jack Kennedy in Vienna, that President Kennedy believed that we had to join the battle for the Third World, and the next crisis that developed in that regards was Vietnam.”

“Families have always been in flux and often in crisis; they have never lived up to nostalgic notions about "the way things used tobe." But that doesn't mean the malaise and anxiety people feel about modern families are delusions, that everything would be fine if we would only realize that the past was not all it's cracked up to be. . . . Even if things were not always right in families of the past, it seems clear that some things have newly gone wrong.”

“Perhaps one of the most meaningful ways to sense the impact of the environmental crisis is to confront the question which is always asked about Lake Erie: how can we restore it? I believe the only valid answer is that no one knows. For it should be clear that even if overnight all of the pollutants now pouring into Lake Erie were stopped, there would still remain the problem of the accumulated mass of pollutants in the lake bottom.”

“Certain elements of today's ecological crisis reveal its moral character. First among these is the indiscriminate application of advances in science and technology. Many recent discoveries have brought undeniable benefits to humanity. Indeed, they demonstrate the nobility of the human vocation to participate responsibly in God's creative action in the world. Unfortunately, it is now clear that the application of these discoveries in the fields of industry and agriculture have produced harmful long-term effects.”

“Nowhere does it say that investors should strive to make every last dollar of potential profit; consideration of risk must never take a backseat to return. Conservative positioning entering a crisis is crucial: it enables one to maintain long-term oriented, clear thinking, and to focus on new opportunities while others are distracted or even forced to sell. Portfolio hedges must be in place before a crisis hits. One cannot reliably or affordably increase or replace hedges that are rolling off during a financial crisis.”

“Since it took up office, the Commission which I lead has pursued a clear policy: we need less interference from Brussels when it comes to the things that Member States can deal with better on their own. That is why we no longer regulate oil cans or showerheads, but concentrate instead on what we can do better together rather than alone - such as tackling the refugee crisis or securing our external borders. Only in that way can we make people feel that Europe makes a tangible difference.”

“Henry Blodget says, "It is not clear what, if any, power and influence [Steven Lerner] currently wields. His main message - that Wall Street won the financial crisis, that inequality in this country is hitting record levels, and that there appears to be no other way to stop the trend - will almost certainly resonate."”

“We must make a clear distinction between the nature of Chairman Mao's mistakes and the crimes of Lin Biao and the Gang of Four. For most of his life, Chairman Mao did very good things. Many times he saved the Party and the state from crisis. Without him the Chinese people would, at the very least, have spent much more time groping in the dark.”

“In crisis times, it's actually not more difficult to motivate your staff, because everyone gets much more focused on how they control their own economic destiny. So, what you do is you have clear communication, which is always a good leadership technique, and you talk about how you can build something good and strong in the future, and how you can work together in order to do that.”

“The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.”