Credit Crunch Quotes

• When the facts change, I change my mind.

  John Maynard Keynes

  Business, Mind, Facts

  "The Keynes Centenary". "The Economist" (Vol. 287, p. 19), 1983.

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• I think the credit crunch is a brilliant thing. We should all stop moaning and start celebrating. When times are tough, it's an opportunity to start looking at life in a different way.

  Jarvis Cocker

  Opportunity, Thinking, Different

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• If you look at the way society is structured , it is structured to keep people overwhelmingly in a state of fear and always trying to survive, in terms of physically, in terms of terror, in terms of financially, the credit crunch, rising food prices; all this is survive, survive, survive.

  David Icke

  Always Trying, People, Looks

  "Global Conspiracy Goes Mainstream: A Conversation With British Author David Icke". Interview with Bret Lauder, lotusguide.com. May 23, 2012.

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• In October 2008, when the credit crunch hit, small businesses were really crushed by the lack of capital.

  Karen Mills

  October, Credit, Small Business

  "Questioning The SBA: Karen Mills Fields Questions From Our Board Of Directors". Interview with Rod Kurtz, www.huffingtonpost.com. August 2, 2011.

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• In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis.

  Nouriel Roubini

  Gold, Credit, Causes

  "Gold prices are heading towards $1,000" by Nouriel Roubini, www.theguardian.com. June 3, 2013.

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• Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

  Walter E. Williams

  Government, Credit, Debt

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• I'm not extravagant, so I won't need to rein it in too much. Me and my friend make each other cards. I love being creative and making things. But a better credit crunch idea is to not even bother sending cards.

  Konnie Huq

  Love Is, Ideas, Creative

  "Konnie Huq: If I show my cleavage people make such a fuss". Mirror Interview, www.mirror.co.uk. November 30, 2008.

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