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Crisis Quotes

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Crisis Quotes

“You discover the goal of existence by living it. The present is the only time when you can evolve, experience the divine, expand your awareness, or reach enlightenment. But this cannot be a haphazard journey that falters and wanders off the path. It's easy for that to happen when a crisis develops. Sudden losses and setbacks shake everyone up; those who keep moving forward are buoyed by knowing that their path cannot be destroyed, only interrupted.”

“It is problems that we faced for 30 years and we had to solve them in a couple of years only and the solution really pushed us and the economy couldn't handle it. We had the greatest depression. It wasn't easy and I think we expected the results. But the other thing is we have to try to create the plan B and get us out of this crisis as soon as possible.”

“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?"”

“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.”

“It's clearly a crisis of two things: of consciousness and conditioning. We have the technological power, the engineering skills to save our planet, to cure disease, to feed the hungry, to end war; But we lack the intellectual vision, the ability to change our minds. We must decondition ourselves from 10,000 years of bad behavior. And, it's not easy.”

“Under the rule of the "free market" ideology, we have gone through two decades of an energy crisis without an effective energy policy. Because of an easy and thoughtless reliance on imported oil, we have no adequate policy for the conservation of gasoline and other petroleum products. We have no adequate policy for the development or use of other, less harmful forms of energy. We have no adequate system of public transportation.”

“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.”

“It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.”

“The ecological crisis we face is so obvious that it becomes easy...to join the dots and see that everything is interconnected. This is the ecological thought. And the more we consider it, the more our world opens up." The ecological thought "...is a vast, sprawling mesh of interconnection without a definite center or edge. It is radical intimacy, coexistence with other beings, sentient and otherwise.”