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Crisis Quotes

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Crisis Quotes

“American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?”

“If the ecological crisis, for example, is to be solved and if we are to promote genuine justice and thus bring real peace to the planet-and with it the possibility of improving lives on every level, not just economically, socially, and politically, but spiritually, psychologically, and intellectually-then, just on a practical level, we need to have all of the religions working together.”

“For example, because I'm a lapsed geologist, I followed the eruption of Icelandic volcano Eyjafjallajökull in 2010 in great detail, amassing a huge number of links to news articles, blog posts, scientific papers, web cams, video and photos. That archive came to the attention of Chatham House, and they then commissioned me to research the way in which the media responded to the ash cloud crisis. I think that's the only time that my degree and my career have fully intersected, and it really was a lovely moment!”

“For example, the insurance industries and the big banks are absolutely euphoric now - on the business pages they don't even conceal it - because they've succeeded in coming out of the crisis even stronger than they were before, and in a better position to lay the basis for the next crisis. But they don't care, because they'll get bailed out again. That's class consciousness with a vengeance.”

“Political uncertainty around the world has more than doubled since the election of Trump. To find anything comparable we have to go way back, to the late 1920s for example, the times of the Great Depression. Or think of the United Kingdom in the 1970s, when the International Monetary Fund had to help the country out with a dramatic rescue operation. Up until the Greek crisis, that was the last time that the IMF was forced to intervene to such an extent in Europe.”

“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.”

“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.”

“I used to believe, although I don't now, that growing and growing up are analogous, that both are inevitable and uncontrollable processes. Now it seems to me that growing up is governed by the will, that one can choose to become an adult, but only at given moments. These moments come along fairly infrequently -during crises in relationships, for example, or when one has been given the chance to start afresh somewhere- and one can ignore them or seize them.”

“This story is the ultimate example of American’s biggest political problem. We no longer have the attention span to deal with any twenty-first century crisis. We live in an economy that is immensely complex and we are completely at the mercy of the small group of people who understand it – who incidentally often happen to be the same people who built these wildly complex economic systems. We have to trust these people to do the right thing, but we can’t, because, well, they’re scum. Which is kind of a big problem, when you think about it.”

“When the United States stands up for human rights, by example at home and by effort abroad, we align ourselves with men and women around the world who struggle for the right to speak their minds, to choose their leaders, and to be treated with dignity and respect. We also strengthen our security and well being, because the abuse of human rights can feed many of the global dangers that we confront - from armed conflict and humanitarian crises, to corruption and the spread of ideologies that promote hatred and violence.”