Best crisis & risk Quotes | Short & Famous Sayings

“There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.”

Want Littles Long Ends Government Waiting Economy Risk Lessons Crisis Financial Spending Damage Get Away More Money Underestimate Financial Crisis

Author:Timothy Geithner

“The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.”

Shows Poor Risk Economic Crisis Financial Analysts Financial Crisis Pricing Geopolitical Financial Risk

Author:Nouriel Roubini

“Within legal enforcement of "morality," there is no sense of how to morally, ethically, or fairly help people live safer lives. It's all about banishment or punishment or forced destitution - all of which creates more desperation, and more social risk-taking by people in moments of crisis.”

People Moments Helping Social Risk Morality Crisis Punishment Desperation Enforcement Risk-taking Banishment

Author:Terre Thaemlitz

“Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change.”

Thinking Long Running Interest Realizing Risk Management Crisis Long Runs Incentives Packages Compensation Risk Management

Author:Mervyn King

“This is the crisis! Difficulty getting credit, slow growth, high unemployment, low consumer confidence-these are challenges entrepreneurs can overcome with hard work, smart risk and tenacious teamwork. This is precisely what entrepreneurs do!”

Hard Growth Challenges Risk Hard Work Smart Lows Overcoming Difficulty Crisis Entrepreneur Credit Consumers Teamwork Unemployment Tenacious Slow Growth Work Smart Consumer Confidence

Author:Oliver DeMille

“Social unrest and protectionism are the two major risks of the world economic crisis.”

World Two Social Risk Economic Majors Crisis Unrest Economic Crisis Protectionism Social Unrest

Author:Christine Lagarde

“It is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television.”

People Risk Economic Television Members Creating Crisis Congress Currents Noise Committees Humiliated Economic Crisis Summoning

Book:Dismantling America and Other Controversial Essays (Large Print 16pt)

Source: Dismantling America and Other Controversial Essays (Large Print 16pt)

“If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.”

Ifs Seems Government Common Greater Risk Crisis Debt Consumers Range Corporations Theme Accumulation

Author:Carmen Reinhart

“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.”

“This is a massive crisis for the press, and the degree now that the press revs up its scrutiny and its opposition to Donald Trump, as opposed to being neutral and fair to Donald Trump - they will compound their own problem, because Republicans don't trust them, independents largely don't trust them, and the press risks just being credible to only one party in America.”

Problem America Party Risk Trump Republican Degrees Fairs Crisis Presses Opposition Massive Just Being Compounds Don't Trust Scrutiny Credible

Author:Ari Fleischer

“We have already seen some instances of systemic risk in recent times in the Asian financial crisis. But what sparked off the Asian financial crisis? Automated trading programmes!”

Risk Crisis Financial Instance Trading Asian Programmes Financial Crisis

Author:Paul Virilio

“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.”

“There's no getting around the fact that some cities face long odds, and governments and societies are going to be confronted with some hard decisions. Most importantly, cities have to recognize that in times of crisis they have to help themselves. Governments, no matter how well intentioned, can only do so much, especially when they themselves are so strapped for cash, as the U.S. is now. Government money will probably flow to cities and regions with good prospects for the future, so as not to risk money even further by pouring it into stalled economic models.”

Long Helping Decision Risk Economic Crisis

Author:Richard Florida

“Leaders may recognize that they are not addressing the real problems, but they rationalize their actions with the argument that they must first politically survive in order to later address the hard problems and sacrifices. Of course, they usually don't ever actually get around to addressing the fundamental problems later, either because they don't make it through the initial crisis or because, even later, they are not willing to risk sacrificing their own position or "career" with needed measures that usually require tough sacrifices by the population.”

Real Problem Action Leader Risk Sacrifice Tough Argument Crisis

Author:Arthur Demarest

“None of us wants to admit that we hate someone... When we deny our hate we detour around the crisis of forgiveness. We suppress our spite, make adjustments, and make believe we are too good to be hateful. But the truth is that we do not dare to risk admitting the hate we feel because we do not dare to risk forgiving the person we hate.”

Want Feels Believe Persons Hate Risk Truth Is Forgiveness Crisis Forgiving Dare Deny Spite Hateful Adjustment Admitting Make Believe Detours

Author:Lewis B. Smedes

“Pouring arms into the spreading cauldron of war risks exacerbating the crisis in Iraq. A fully inclusive international diplomatic process should be attempted and is urgently needed now, before the fires of war and militancy spread further in the region.”

Should War Process Fire Risk Military Arms Needed Crisis International Iraq Spread Regions Pouring Diplomatic Cauldrons Militancy

Author:David Cortright

“The [economic crisis] means that we have to address the challenges and the risks, and we need to take into account the level of resources. Doing better with less means doing it more together.”

Needs Mean Together Challenges Levels Risk Economic Resources Accounts Crisis Addresses Economic Crisis

Author:Stephane Abrial

“Business is the force of change. Business is essential to solving the climate crisis, because this is what business is best at: innovating, changing, addressing risks, searching for opportunities. There is no more vital task”

Opportunity Force Business Risk Essentials Economics Tasks Management Crisis Climate

Author:Richard Branson

“In the absence of a great dream pettiness prevails. Shred visions foster risk taking, courage and innovation. Keeping the end in mind creates the confidence to make decisions even in moments of crisis.”

Mind Ends Moments Dream Decision Vision Risk Innovation Crisis Absence Risk-taking Pettiness

Author:Peter Senge

“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.”

“The great fear that I have regarding the outcome for America of these disclosures is that nothing will change. [People] won't be willing to take the risks necessary to stand up and fight to change things And in the months ahead, the years ahead, it's only going to get worse. [The NSA will] say that because of the crisis, the dangers that we face in the world, some new and unpredicted threat, we need more authority, we need more power, and there will be nothing the people can do at that point to oppose it. And it will be turnkey tyranny.”

People World Needs Years America Faces Fighting Can Do Risk Danger Willing Months Authority Crisis Threat Tyranny Outcomes Nsa Disclosure Government Spying

Author:Edward Snowden

“These 'masters of the universe' must be tamed in the interests of the ordinary families whose jobs and livelihoods are being put at risk. The Tories won't say anything about the current crisis as they are completely in the pockets of the hedge funds.”

Jobs Universe Interest Risk Masters Ordinary Crisis Currents Pockets Fund Say Anything Livelihood Tamed Hedge Fund

Author:Vince Cable

“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.”

“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

“Here at home, ... while the most likely scenario remains solid growth and low inflation -- subject to the usual ups and downs -- certain sectors have been impacted by the crisis, some because of increased imports and others because of decreased exports. Moreover, problems in the global economy do constitute a risk to all our overall economic well-being.”

Wells Has Beens Problem Home Certain Growth Economy Risk Economic Subjects Lows Crisis Remains Well Being Usual Inflation Scenarios Ups & Downs Imports Global Economy

Author:Robert Rubin

“Neurotic identity crises come when our defense mechanisms have been too successful and we're encapsulated in the fortress we have constructed with nothing to refresh us in our solitary confinement. So we play the old movies with their stale fears and their unrealistic hopes until we become bored enough to risk disarmament and engagement.”

Source: What to do when you're bored and blue

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