Best crisis & financial Quotes | Short & Famous Sayings Page 3

“The best worst example of making people feel unappreciated today lies in the casualness, indeed indifference with regard to massive lay-offs even when there isn't a financial crisis. That is a message to employees that they are expendable, interchangeable, easily dismissed and replaced, often by younger, less experienced and cheaper employees. The essential message being conveyed to people is, You are worthless. What an incredibly dumb thing that is for management to say!”

People Today Lying Worst Management Crisis Financial Dumb Indifference Employee Replaced Worthless Financial Crisis

Author:Judith M Bardwick

“China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If countries know they can't rely on the IMF to help them, their best defense is their own reserve cushion. In a time of spreading global recession, too much emphasis on savings in surplus countries like China can impede prospects for global growth.”

Country Helping Growth Crisis Financial Rely Financial Crisis Mismanagement

Author:Joseph Stiglitz

“This is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.”

World Believe Important Country Reason I Believe Poor Rich Economic Crisis Financial Financing

Author:Luiz Inacio Lula da Silva

“People are enduring more than a temporary financial crisis. We are witnessing a fundamental shift in the economy. Companies and industries will in great measure no longer grow by borrowing vast capital to make huge acquisitions. The way to grow to critical mass - the Google way - will be to become platforms and networks that enable others to build businesses, grow, and succeed.”

People Economy Succeed Crisis Endure Financial Temporary Google Borrowing Financial Crisis

Author:Jeff Jarvis

“Architects and urbanists are fascinated with cities that are shrinking, like the Rust Belt cities. Or, alternatively, we are fascinated with the growth of favelas and informal settlements. The 2008 financial crisis made these changes more extreme. The subtraction protocols rehearse a way of thinking about multiple properties in counterbalancing interdependence - not just the shaping of one property but the ratcheting interplay between properties.”

Thinking Growth Crisis Property Financial Architect Multiple Settlement Interdependence Financial Crisis

Author:Keller Easterling

“In the midst of this enormous economic crisis, I think Canada has shown itself to be a pretty good manager of the financial system and the economy in ways that we always - haven't always been here in the United States.”

Thinking Economy Economic Crisis Financial Good Man Good Manager

Author:Barack Obama

“The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.”

Long Economic Lessons Crisis Financial Recovery Financial System Economic Recovery

Author:Ben Bernanke

“Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.”

Results Crisis Financial Despite Passive Reserves Severe Mandates Great Depression 1930s Federal Reserve Financial Crisis

Author:Ben Bernanke

“Managing and navigating through a financial crisis is no fun at all.”

Fun Crisis Financial Financial Crisis

Author:Howard Schultz

“The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.”

Years Facts Bigs Crisis Investment Including Financial Investors Housing Financial Crisis Betting Housing Crisis Housing Market

Author:James Surowiecki

“'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.”

World Facts Wealth Company Millions Saws Streets Wall Majors Crisis Dollars Financial Criminals Billions Destroyed Eras Jail Scandal Mantras Obscene Financial Crisis

Author:Matt Taibbi

“It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.”

Whole Happened Industry Safe Paid Crisis Financial Compass Rating Financial Crisis

Author:Matt Taibbi

“The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.”

Giving Shows Culture Courses Stuff Moral Violence Capitalism Concerned Crisis Greed Financial Ideology Supposed To Be Nightmare Angle Giving In Futuristic Foreclosure

Author:Matt Taibbi

“If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted.”

Ifs Years Has Beens Products Years Ago Crisis Safety Financial Currents Financial Crisis Avert

Author:Elizabeth Warren

“You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place.”

Knows Made Social Morning Sun Crisis Shining Financial Come Up Invention Finance Made It Landscape Atoms Currency Financial Crisis

Author:Bruce Sterling

“Financial crises are like fireworks: they illuminate the sky even as they go pop.”

Sky Crisis Financial Pops Financial Crisis Fireworks

Author:James Buchan

“The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.”

Should Growth Economic Taxes Raises Crisis Financial Excuse Economic Growth Financial Crisis Economic Crisis

Book:Decision Points

Source: Decision Points

“The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.”

Ifs Facts Would Be Difficult Perspective Crisis Financial Severe Indulge Predictable Magnitude Indulge In Financial Crisis Schadenfreude

Author:Noam Chomsky

“The financial crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left to convert into money.”

Facts Today Spiritual Left Social Natural Crisis Financial Arise Financial Crisis

Book:Sacred Economics: Money, Gift, and Society in the Age of Transition

Source: Sacred Economics: Money, Gift, and Society in the Age of Transition

“I'm quite worried about the fiscal imbalances that we've got and what that might mean in terms of financial crisis ahead.”

Inspirational Mean Might Term Challenges Business Crisis Financial Finance Worried Financial Crisis Imbalance

Author:Bill Gates

“Like the effects of industrial pollution and the new system of global financial markets, the AIDS crisis is evidence of a world in which nothing important is regional, local, limited; in which everything that can circulate does, and every problem is, or is destined to become, worldwide.”

World Doe Important Problem Justice Effects Diversity Evidence Crisis Social Justice Financial Aids Locals Pollution Destined Financial Markets

Author:Susan Sontag

“The current financial crisis makes it very clears that the system that we have isn't really working, and this is the right time for us to undo things and build them in a new way.”

Way Poverty Crisis Financial Currents New Ways Right Time Financial Crisis

Author:Muhammad Yunus

“Contemporaneous with the financial crisis we have an ecological crisis and a health crisis. They are intimately interlinked. We cannot convert much more of the earth into money, or much more of our health into money, before the basis of life itself is threatened.”

Earth Bases Crisis Financial Threatened Ecological Financial Crisis Ecological Crisis

Book:Sacred Economics: Money, Gift, and Society in the Age of Transition

Source: Sacred Economics: Money, Gift, and Society in the Age of Transition

“Edward Conard’s book represents the most cogent and persuasive analysis of the Financial Crisis to date. It is deeper and likely more accurate than what we have seen so far from journalists, academ- ics, and particularly former government officials.”

Book Government Crisis Financial Deeper Former Journalist Analysis Officials Accurate Financial Crisis Persuasive Government Officials

Author:Andrei Shleifer

“Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.”

“One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis.”

People Made Helping Use Difficult Decision Crisis Financial Financial Crisis Hardworking

Author:George W. Bush

“Whenever there is a a financial crisis, it is always the banks that get hit.”

Crisis Financial Finance Financial Crisis

Author:Gordon Wu

“However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward truth tellers. One of the lessons of the financial crisis that led to the Great Recession is that there are periods in which competition, among experts and among organizations, creates powerful forces that favor a collective blindness to risk and uncertainty.”

“These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.”

Kind Two Crisis Financial Entity Macs Financial Crisis Mae

Author:Barney Frank

“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.”

“The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.”

People Trying Real States United United States Crisis Financial Ships Financial Crisis Lifeboats

Author:Peter Schiff

“In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems”

May Today Risk Crisis Financial Traditional Probability Financial Crisis Financial System Financial Risk

Author:Timothy Geithner

“Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.”

Crisis Blame Response Investing Financial Greek Financial Crisis Speculators

Author:Lawrence Summers

“We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.”

People America Situation Study Worst Century Majors Crisis Financial Quarters Banking Financial System Banking Crisis

Author:Lawrence Summers

“Being on a movie set is like one long financial crisis.”

Long Crisis Investing Financial Financial Crisis Movie Sets

Author:John Cusack

“Edward Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading.”

Wells Reading Causes Growth Policy Return Needed Crisis Agree Financial Analysis Interpretation Rapids Provocative Financial Crisis Worth Reading Rapid Growth

Author:Nouriel Roubini

“The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.”

Seems Behinds Economy Crisis Financial Expanding Financial Crisis

Author:Ben Bernanke

“I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.”

Problem Would Be Difficult Crisis Complexes Financial Broads Mistaken Housing Financial System

Author:Ben Bernanke

“There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.”

Havens Crisis Financial Corners Around The Corner Financial Crisis

Author:Mark Mobius

“At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.”

Paper Gold Crisis Financial Currency Financial Crisis

Author:John Buchanan Robinson

“I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ in details but there will be significant financial downturns and disasters attributed to this regulatory gap, over and over, until we learn from experience”

Thinking May Danger Crisis Financial Details Disaster Significant Repeats Gaps Continuing Financial Crisis Learning Experience Downturn

Author:Brooksley Born

“Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that's wrong.”

Years Three Gone Crisis Forgiving Financial Executives Jail Fraud Three Years Pointing Forgive Me Horrific Financial Crisis

Author:Charles Ferguson

“I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy”

Able Opportunity Growth Economy Pride Overcoming Crisis Financial Seeking Available Asian Unprecedented Financial Crisis

Author:Zhu Rongji

“Godfulness is simply recognizing the primacy of a presence of love, spaciousness, grace, generativity, caring, and creativity in the world and in myself. How can a mere financial crisis compare to that? The Generative Mystery cannot go bankrupt. It is not subject to scarcity. We never run out of God.”

World Love Running Creativity Grace Mystery Subjects Crisis Mere Financial Caring God Love Compare Recognizing Scarcity Financial Crisis Primacy Spaciousness Presence Of Love

Author:David Spangler

“Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.”

Country America Poverty Economic Development Crisis Financial Prosperity Russia Latin Asia Latin America Financial Crisis Globalisation

Author:Anna Lindh

“....the globalization that characterizes today's economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate.”

States Might Today Individual Nations Groups Serious Amount Economics Accounts Crisis Financial Passages Rulers Sovereignty Globalization Elude Economic Globalization Decide Upon

Author:Patricio Aylwin

“Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis.”

Source: American Dreams: Restoring Economic Opportunity for Everyone

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