Financial crisis Quotes
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“There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.”
Jean-Francois Cope
“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.”
Noam Chomsky“If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.”
Tyler Cowen“Food Stamp recipients didn't cause the financial crisis recklessness on Wall Street did.”
Barack Obama“The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.”
George W. Bush“The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.”
Nouriel Roubini“The people who would praise you for living lavishly, would be the same ones to laugh at you if your were to find yourself in the pit of financial crisis.”
“Had history been democratic in its ways, there would have been no farming and no industrial revolution. Both leaps into the future were occasioned by unbearably painful crises that made most people wish they could recoil into the past.”
Yanis Varoufakis, The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy“A financial crisis is a great time for professional investors and a horrible time for average ones.”
Robert Kiyosaki“Extreme inequality and financial crisis usually coincide. But the elite who cause it usually come out OK. And they are usually man.”
Katrine Marçal, Who Cooked Adam Smith's Dinner?: A Story About Women and EconomicsAll in One Creative & Marketing Platform to tell stories at scale
