“The people who survive avoid snowball scenarios in which bad trades cause them to become emotionally destabilized and make more bad trades. They are also able to feel the pain of losing. If you don't feel the pain of a loss, then you're in the same position as those unfortunate people who have no pain sensors. If they leave their hand on a hot stove, it will burn off. There is no way to survive in the world without pain. Similarly, in the markets, if the losses don't hurt, your financial survival is tenuous.” PeopleIfsWorldWayFeelsHandsAblePainCausesHurtLossPositionSurvivalLosingHotTradeFinancialUnfortunateScenariosNo PainStovesWithout PainSnowballSensors Author:William Eckhardt
“Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.” Has BeensStatesAblePoliticalUnitedUnited StatesInfluenceEconomicPositionCostConsequenceAffairFinancialProsperityPreservesMaskRelativeDeclineExploitation Book:The Political Economy of International Relations Source: The Political Economy of International Relations
“There are 80 jobs in which women earn more than men - positions like financial analyst, speech-language pathologist, radiation therapist, library worker, biological technician, motion picture projectionist.” MenJobsLanguagePositionSpeechWorkersLibraryFinancialRadiationTherapistsAnalystsMotion PicturesTechnicians Author:Warren Farrell
“Us as a people, we can't do it on our own. We have to understand that we're not each other's enemy. We have to stop discriminating against each other due to class and due to race and due to location or financial position.” PeopleRaceEnemyClassPositionFinancialDuesLocation Author:Kanye West
“We grow our own source revenue base, we put ourselves into a stronger financial position and so this budget is unashamedly going to be about focusing on ensuring that we continue to grow our economy and create jobs.” JobsGrowsEconomyPositionSourceStrongerFinancialBudgetsRevenue Author:Peter Gutwein
“If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.” IfsPoliticalPoliticsEconomyPositionActivityAuthorityInstitutionsFinancialTendenciesFringeDisruptiveConstrainFinancial Institutions Author:Hyman Minsky
“The banks should give a full, fair, and accurate account of their financial positions and they are failing that test.” GivingShouldFailingPositionFairsTestsAccountsFinancialAccurate Author:Kevin Warsh
“The families in positions of great financial power obsessively interbreed with each other. But I'm not talking about one Earth race, Jewish or non-Jewish. I'm talking about a genetic network that operates through all races, this bloodline being a fusion of human and reptilian genes.” HumansEarthRaceTalkingPositionFinancialGenesNot TalkingFusionBloodlineGreat Financial Author:David Icke
“Being promoted to a top position in your organisation, or even being elected to public office, does not suddenly endow you with financial literacy, if you did not acquire and develop it, earlier in your life.” IfsDoePositionOfficeFinancialAcquireLiteracyOrganisationPublic OfficeFinancial Literacy Author:Strive Masiyiwa
“But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.” IfsMeanPayTroublePositionStudentsFinancialCreditDebtCardsLoanCredit CardBankruptcyDischargeStudent LoanCredit Card Debt Author:Suze Orman
“The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to do more to shore up the financial system. We also are gonna have to make sure that we set up financial regulations so that not only does this never happen again, but you start having some sort of - trust in how the credit markets work again.” DoeHappensRiskPositionHugeFinancialCreditVulnerableShoreRegulationRisk-takingFinancial SystemMismanagementFinancial Regulation Author:Barack Obama
“I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other words, this naked position that the Germans have recently put into their financial regulation and has been discussed here. I don't think that makes any sense.” PeopleThinkingHas BeensIdeasPositionFinancialNakedRegulationFinancial Regulation Author:Robert F. Engle
“The Financial Times is pro-British membership of the European Union. We have taken that position for decades. But we are not starry-eyed about the European Union. And we do not believe and have not believed for at least 10 years that Britain should be part of the euro.” ShouldYearsBelieveTakenPositionUnionsFinancialBritishDecadesBritainEuropean UnionEuroMembership Author:Lionel Barber