Collapse Quotes - Page 6

• An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself.

  Ludwig von Mises

  Philosophy, Forever, Principles

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• After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.

  Thomas Sowell

  Government, Practice, Tunes

  Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.21, ReadHowYouWant.com

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• No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

  Thomas Sowell

  Wall, Home, Heart

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

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• Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence - especially in cases in which large short-term debts need to be rolled over continuously - is the key factor that gives rise to the this-time-is-different syndrome. Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.

  Carmen Reinhart

  Keys, Government, Giving

  "This Time Is Different: Eight Centuries of Financial Folly". Book by Carmen M. Reinhart, Kenneth S. Rogoff, 2009.

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• Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.

  Kathleen Parker

  Wall, World, Poverty

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• Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.

  Seth Klarman

  Stress, Government, Weather

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• In 'Birth,' I explore the nature of the new world we are approaching with my business-spiritual model, a new model for a new world. This view will enable individuals, companies and even nations to move from collapse to positive change, and bring together the spiritual and the material, giving birth to a new future.

  Shari Arison

  Spiritual, Moving, Views

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• History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.

  Jim Rogers

  People, Shows

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• You can't have a United States if you are telling some folks that they can't get on the train. There is a cracking point where a society collapses.

  Bruce Springsteen

  United States, Folks, Train

  "Bruce Springsteen: 'What was done to my country was un-American'". Interview with Fiachra Gibbons, www.theguardian.com. February 17, 2012.

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• Whenever the internal dialogue stops, the world collapses, and extraordinary facets of ourselves surface, as though they had been kept heavily guarded by our words.

  Carlos Castaneda

  Our Words, World, Surface

  Carlos Castaneda (2009). “The Wheel Of Time: The Shamans Of Mexico Their Thoughts About Life De”, p.128, Simon and Schuster

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• As soon as you impose Western chords on an Indian scale, something great collapses.

  Jonny Greenwood

  Chords, Scales, Western

  "Radiohead's Jonny Greenwood and Shye Ben Tzur Talk Junun Project". Interview with Jazz Monroe, pitchfork.com. December 3, 2015.

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• That's absolutely true, but one problem with the digital revolution, which may tie into what I said earlier, is that there can be a collapse of quality. You may not have liked the decisions made by publishers in the past, you may not have liked the decisions made by magazine editors or newspaper editors in the past. At least there was some quality control

  William Monahan

  Past, Editors, Digital Revolution

  Source: collider.com

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• It happens that the stage sets collapse. Rising, streetcar, four hours in the office or the factory, meal, streetcar, four hours of work, meal, sleep, and Monday Tuesday Wednesday Thursday Friday and Saturday according to the same rhythm – this path is easily followed most of the time. But one day the “why” arises and everything begins in that weariness tinged with amazement.

  Albert Camus

  Friday, Monday, Sleep

  Albert Camus (1955). “The Myth of Sisyphus and Other Essays”

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• A Christian fellowship lives and exists by the intercession of its members for one another, or it collapses. I can no longer condemn or hate a brother for whom I pray, no matter how much trouble he causes me. His face, that hitherto may have been strange and intolerable to me, is transformed in intercession into the countenance of a brother for whom Christ died, the face of a forgiven sinner.

  Dietrich Bonhoeffer

  Christian, Brother, Hate

  Dietrich Bonhoeffer, Samuel Wells (2015). “Life Together”, p.65, SCM Press

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• MID-TWENTIES BREAKDOWN: A period of mental collapse occurring in one's twenties, often caused by an inability to function outside of school or structured environments coupled with a realization of one's essential aloneness in the world. Often marks induction into the ritual of pharmaceutical usage.

  Douglas Coupland

  School, Twenties, Inability

  Douglas Coupland (2015). “Generation X: Tales for an Accelerated Culture”, p.43, Hachette UK

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• I'm feeling incredibly Botox-tempted as my face collapses around my shoulders.

  Sally Phillips

  Feelings, Botox, Faces

  "My body & soul". Interview with Laura Potter, www.theguardian.com. August 1, 2009.

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• This world can seem marvellously convincing until death collapses the illusion and evicts us from our hiding place. What will happen to us then if we have no clue of any deeper reality?

  Sogyal Rinpoche

  Reality, World, Clue

  Sogyal Rinpoche (2009). “The Tibetan Book of Living and Dying: The Spiritual Classic & International Bestseller: Revised and Updated Edition”, p.26, Harper Collins

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• Life gives us no such handy markers - a storm comes, and far from this being a harbinger of death and collapse, during its course a person discovers love and truth, beauty and happiness, the rain lashing at the windows all the while.

  Alain de Botton

  Rain, Giving, Storm

  Alain de Botton (2015). “On Love: A Novel”, p.119, Grove/Atlantic, Inc.

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• Philosophy appears to some people as a homogenous milieu: there thoughts are born and die, there systems are built, and there, in turn, they collapse. Others take Philosophy for a specific attitude which we can freely adopt at will. Still others see it as a determined segment of culture. In our view Philosophy does not exist.

  Jean-Paul Sartre

  Attitude, Philosophy, Views

  Jean Paul Sartre (1963). “The Problem of Method”

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• If we tried to rely entirely on reason, and pressed it hard, our lives and beliefs would collapse - a form of madness that may actually occur if the inertial force of taking the world and life for granted is somehow lost. If we lose our grip on that, reason will not give it back to us.

  Thomas Nagel

  Giving, World, May

  Thomas Nagel (2012). “Mortal Questions”, p.20, Cambridge University Press

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• ...[the photographer] can be considered a kind of disembodied burrowing eye, a conspirator against time and its hammers. His work, print after print of it, seems to call to be shown before the decay which it portrays flattens all... Here are the records of the age before an imminent collapse.

  Jack Kerouac

  Eye, Age, Hammers

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• The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.

  Elizabeth Warren

  Zero, Night, Community

  "Elizabeth Warren: Our Populist Agenda — In Her Own Words" by Roger Hickey, www.huffingtonpost.com. January 4, 2015.

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• If you like soccer, then welcome to America. See, our country already has entertainment so watching people chase a ball for four hours to end 0 - 0 is not enjoyable - unless, of course, the bleachers collapse and half of Europe dies.

  Daniel Tosh

  Soccer, Country, Europe

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• Why is no one talking about all the potential savings from a complete economic collapse?

  Eugene Mirman

  Talking, Saving, Economic

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• The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the intellectual edifice of economic theory on which they were relying.

  Noam Chomsky

  Years, Intellectual, Imf

  "Chomsky: "The Business Elites... Are Instinctive Marxists"". Interview with Keane Bhatt, truth-out.org. November 19, 2010.

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