Economic Depression Quotes

• It's a recession when your neighbor loses his job; it's a depression when you lose yours.

  Harry S. Truman

  Inspirational, Funny, Depression

  90 Copy quote

• Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.

  Herbert Hoover

  Depression, Business, Cells

  Herbert Hoover, Arnold S. Rice, United States. President (1929-1933 : Hoover) (1971). “Herbert Hoover, 1874-1964; chronology-documents-bibliographical aids”, Oceana Pubns

  104 Copy quote

  Show source

• Economic depression can not be cured by legislative action or executive pronouncement.

  Herbert Hoover

  Depression, Cells, Action

  Herbert Hoover, Arnold S. Rice, United States. President (1929-1933 : Hoover) (1971). “Herbert Hoover, 1874-1964; chronology-documents-bibliographical aids”, Oceana Pubns

  14 Copy quote

  Show source

• Once upon a time my political opponents honored me as possessing the fabulous intellectual and economic power by which I created a worldwide depression all by myself.

  Herbert Hoover

  Carpe Diem, History, Political

  Herbert Hoover (1938). “Addresses upon the American road”, C. Scribner's sons

  8 Copy quote

  Show source

• Depression has been called the worlds number one public health problem. In fact, depression is so widespread it is considered the common cold of psychiatric disturbances. But there is a grim difference between depression and a cold. Depression can kill you.

  David D. Burns

  Differences, Numbers, World

  David D. Burns (1980). “Feeling Good: The New Mood Therapy”

  57 Copy quote

  Show source

• A recession is when your neighbor loses his job. A depression is when you lose yours.

  Ronald Reagan

  Funny, Depression, Witty

  "Ronald Reagan: A Man True to His Word".

  111 Copy quote

  Show source

• 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

  4 Copy quote

• A state does not simply fall apart as a result of depression... [Weimar Germany] was not destroyed by economic depression or widespread unemployment, though these naturally contributed to the atmosphere of doom, but because the Weimar Right was resolved to abolish the parliamentary state in favour of a vaguely conceived authoritarian state.

  Sebastian Haffner

  Fall, History, Atmosphere

  16 Copy quote

• They [the Soviets] intend...to induce the Americans to adopt their own 'restructuring' and convergence of the Soviet and American systems using to this end the fear of nuclear conflict.... Convergence will be accompanied by blood baths and political re-education camps in Western Europe and the United States. The Soviet strategists are counting on an economic depression in the United States and intend to introduce their reformed model of socialism with a human face as an alternative to the American system during the depression.

  Anatoliy Golitsyn

  Blood, Europe, Political

  53 Copy quote

• The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.

  Peter Schiff

  Clock Is Ticking, America, Dollars

  16 Copy quote

• Nearly everybody nowadays accepts the 'causal completeness of physics' - every physical event (or at least its probability) has a full physical cause. This leaves no room for non-physical things to make a causal difference to physical effects. But it would be absurd to deny that thoughts and feelings (and population movements and economic depressions . . .) cause physical effects. So they must be physical things.

  David Papineau

  Differences, Feelings, Events

  "Physical". Interview with Richard Marshall, www.3ammagazine.com. April 8, 2013.

  4 Copy quote

  Show source

• When a country is at war or in economic depression, underdevelopment or tightened security, it sets an affective tone or mood, which seeps through into everyday life via all kinds of channels.

  Kode9

  Country, War, Everyday

  Source: pitchfork.com

  6 Copy quote

  Show source