Economic Crisis Quotes - Page 2

• The economic crisis has weakened the EU for years.

  Yanis Varoufakis

  Years, Economic, Crisis

  Source: www.businessinsider.com

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• There is no real answer [to the U.S. economic crisis] but to remove brick by brick the capitalist system itself, rebuilding the entire society on socialist principles.

  Robert Waterman McChesney

  Real, Principles, Answers

  "Free Press doesn’t mean Free Lunch" by Rick Carnes, www.huffingtonpost.com. May 12, 2010.

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• The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis.

  Arthur Henderson

  Depression, Years, Political

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• It's true across the U.K. that those who had least to do with causing the economic crisis are carrying the heaviest burden. That's unacceptable.

  Johann Lamont

  Economic, Burden, Crisis

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• I ran for president because I wanted to help Lithuania and its people during a difficult time. My country was on the very edge of an economic crisis, and people were disappointed by the economic situation and the political elite. We all needed change and motivation to consolidate our efforts in order to overcome the difficulties.

  Dalia Grybauskaite

  Country, Motivation, Order

  Source: www.glamour.com

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• One of the really key things to look at in terms of crafting strategy when you're in an economic crises is how do you maximize essentially your liquidity position? Your ability to both take kind of profits and revenues and business and then convert that into a stronger lead. And so those companies that can do that can actually, you know, get a march on their competitors.

  Reid Hoffman

  Keys, Stronger, Looks

  Source: bigthink.com

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• The ultimate goal of those who blame workers for Wall Street's economic crisis is to unravel the fabric of our common life in pursuit of greed and power.

  Richard Trumka

  Wall, Economic Inequality, Goal

  "Unions mobilize, put Dems on notice - Gov. Blunt's profile - Tiahrt hawks Hawker - The frat PAC - AT&T/T-Mobile action" by Chris Frates, www.politico.com. May 20, 2011.

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• Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.

  Frances O'Grady

  Years, Gdp, Growth

  "Pay equality and strong unions will put Britain back to work" by Frances O'Grady, www.theguardian.com. August 4, 2012.

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• Funny thing about those Middle Ages, said Joseph. "They just keep coming back. Mortals keep thinking they're in Modern Times, you know, they get all this neat technology and pass all these humanitarian laws, and then something happens: there's an economic crisis, or science makes some discovery people can't deal with. And boom, people go right back to burning Jews and selling pieces of the true Cross. Don't you ever make the mistake of thinking that mortals want to live in a golden age. They hate thinking.

  Kage Baker

  Mistake, Hate, Technology

  Kage Baker (2005). “In the Garden of Iden”, p.217, Macmillan

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• From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

  Ron Paul

  Country, Money, Past

  "End the Fed". Speech to the US House of Representatives, www.lewrockwell.com. February 05, 2009.

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• Canadian money is also called the loony. How can you take an economic crisis seriously?

  Robin Williams

  Economic, Canada Being Great, Crisis

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• Republicans in Congress have two choices here: They can act responsibly, and pay America’s bills; or they can act irresponsibly, and put America through another economic crisis. But they will not collect a ransom in exchange for not crashing the American economy.

  Barack Obama

  America, Two, Choices

  Barack Obama's News Conference on the debt ceiling, fiscal battles and gun control, obamawhitehouse.archives.gov. January 14, 2013.

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• People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of transparency, and because of its historical and structural connections to finance.

  Gerald Epstein

  America, People, Accountability

  Source: www.truth-out.org

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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

  Country, Banking Crisis, Environmental

  "Can Jean-François Copé save France from anti-Muslim extremism?" by Angelique Chrisafis, www.theguardian.com. March 24, 2011.

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• I was elected by the people of Australia as Prime Minister of Australia. I was elected to do a job, I intend to continue doing that job. I intend to continue doing it to the absolute best of my ability. Part of that job has been to steer this country through the worst economic crisis the world has seen in 75 years.

  Kevin Rudd

  Country, Jobs, Australia

  "Biography/Personal Quotes". www.imdb.com.

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• Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

  Ludwig von Mises

  Past, Years, Two

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• In a world wracked by hatred, economic crisis, and political tension, America remains mankind's best hope.

  Ronald Reagan

  America, Hatred, Political

  United States. President (1981-1989 : Reagan), United States. President (1981-1989 : Reagan)., Ronald Reagan, United States. Office of the Federal Register (1983). “Ronald Reagan”

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• 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.

  Thomas Sowell

  Creating, People, Risk

  Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.42, ReadHowYouWant.com

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• 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.

  Reid Hoffman

  Focus, Sailing, Growth

  Source: bigthink.com

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• Now, in economic crises times, the kind of things you're looking at is it's generally harder to get capital, revenue growth may be more, revenue lines may be unstable or growth may be less easy to predict that you're going to get to. And so what you do is you take a certain conservative approach of when, as all entrepreneurs should do, you plan for both good luck and bad luck, you put extra time on, "Okay, if I have bad luck, what do I do about that?"

  Reid Hoffman

  Good Luck, Extra Time, Entrepreneur

  Source: bigthink.com

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• Greece and the Greek people have recently had to deal with the harshest consequences of the global and European economic crisis. As an economy and as a society, we have had to experience a program of disastrous austerity which made the problems more acute instead of resolving them.

  Alexis Tsipras

  People, Greek, Austerity

  "Remarks by President Obama and Prime Minister Alexis Tsipras of Greece in Joint Press Conference". obamawhitehouse.archives.gov. November 15, 2016.

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• Europe has been in the grip of a very serious economic crisis for few years, so there have been major cuts to anti-terrorist funding, to intelligence funding. So we do not have the manpower to carry on this kind of monitoring.

  Loretta Napoleoni

  Cutting, Years, Europe

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• The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities.

  Mark Steyn

  Party, Simple, Community

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• We can't afford the wrath of Heaven. We survived a deluge by the skin of our teeth, but an economic crisis would be disastrous.

  Friedrich Durrenmatt

  Wrath, Heaven, Skins

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• From the takeover of Detroit and the failed stimulus packages to the enactment of Obamacare, the president and congressional Democrats chose to use Americas economic crisis as an excuse to expand government rather than as an opportunity to responsibly shrink it.

  Jeb Hensarling

  Opportunity, Government, Obamacare

  "Biography/Personal Quotes". www.imdb.com.

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