Downturn Quotes - Page 2

• Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn

  Dmitry Medvedev

  Government, Overcoming, Tasks

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• In the next economic downturn there will be an outbreak of bitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in US history the villains have been the heroes during the preceding boom.

  Peter Drucker

  Hero, Pay, Next

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• There's this whole problem of trafficking, which has gotten worse in the economic downturn, which disproportionately affects young women, but also affects some young men who are sold into bondage, into basically servitude for indebted work that they can often never escape from.

  William J. Clinton

  Men, Problem, Economic

  Source: www.nbcnews.com

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• We can enjoy a self-assurance that doesn't depend on the state of things outside ourselves, be it downturns or booms or whatever.

  Desmond Tutu

  Self, States, Enjoy

  Source: www.egonzehnder.com

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• The point is that families today are spending their money no more foolishly than their parents did. And yet they're five times more likely to go bankrupt, and three times more likely to lose their homes. Families are going broke on the basics - housing, health insurance, and education. These are the kind of bills that you can't just trim around the edges in the event of a downturn.

  Amelia Warren Tyagi

  Home, Parent, Events

  Source: www.motherjones.com

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• The extraction tax is based in part on production times the market value at the wellhead, so any downturn in the market price is going to be a mathematical impact on the shale tax. But beyond that, it also concerns me because it also impacts the health of the industry.

  Tom Wolf

  Impact, Mathematical, Taxes

  Source: www.eriereader.com

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• Film has become a marketed commodity, and the opportunities and audiences for art cinema have grown smaller. There is a general downturn in cultural literacy, perhaps because of television.

  Roger Ebert

  Art, Opportunity, Cinema

  Source: editorial.rottentomatoes.com

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• When you're in a major market downturn, the beta eats the alpha.

  Jeffrey Gundlach

  Beta, Alphas, Majors

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• With more than half the population now checking their account balances more often as a direct result of the downturn, and with more of us comparing prices in virtually every market, it is natural to turn budget management into a skill, an accomplishment, a badge of lifestyle success.

  Joe Staton

  Business, Skills, Accomplishment

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• Curiosity has ... proven to be a great ingredient in resilience, a trait particularly valuable in an extended economic downturn. Resilient people aren't made of steel; they just provide themselves with more options, and those options come from a curious mind.

  Chip Conley

  People, Curiosity, Resilience

  Chip Conley (2012). “Emotional Equations: Simple Truths for Creating Happiness + Success”, p.125, Simon and Schuster

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• We invested in the downturn and we never stopped serving our clients.

  Jamie Dimon

  Clients, Serving

  Source: asia.nikkei.com

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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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• The New Capitalism (arising from the global economic downturn)...those running our biggest commercial businesses will have to be more visible. They'll have to manifest a genuine understanding not only of the anxieties of their employees but of all taxpayers. Those chief executives who succeed will be those who imbue in their businesses very simple, commonsense standards of decency

  Robert Peston

  Running, Business, Simple

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• When markets go down, opportunities go up for smart real estate investors. I would much rather play the downturn than the upturn.

  Harry S. Dent

  Real, Smart, Opportunity

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• The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.

  Lucy Powell

  Real, Impact, People

  "Economic bail-out aims to restore confidence for small firms and savers" by Lucy Powell, www.theguardian.com. October 10, 2008.

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• A time-tested political tactic guaranteed to raise a president's popularity rating by at least 30 points. It is especially useful during election years and economic downturns.

  Chaz Bufe

  Peace, War, Election Years

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• One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later.

  Reid Hoffman

  Swings, Competition, Partnership

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• The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.

  Ben Bernanke

  Past, Risk, Months

  "MAULDIN: Economists Are Totally Clueless About The Economy" by John Mauldin, www.businessinsider.com. June 16, 2013.

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• Women's golf definitely hit a bump in the road. We lost some tournaments due to a combination of things led by the downturn in the economy.

  Hollis Stacy

  Golf, Bumps, Economy

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• I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy.

  Paula Poundstone

  People, Community, Library

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• The ad industry isn't struggling for a new set of principles or abandoning the ones that made it great from the start. It's simply in the midst of a business cycle. I don't think it's more profound than that. And despite the economic downturn, I'm having more fun today than at any other moment in my 30-year advertising career. The game is more interesting and more relevant than ever.

  Rochelle B Lazarus

  Fun, Struggle, Thinking

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• I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ in details but there will be significant financial downturns and disasters attributed to this regulatory gap, over and over, until we learn from experience

  Brooksley Born

  Thinking, Details, May

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• Reasons to be positive. The economic downturn could be the catalyst for positive change. It should be translated into the wake-up call we need for a major change in aspirations and lifestyles to save humanity from the ecological and economic disaster that would otherwise result from continuing on the high carbon and resource depleting path we have been pursuing

  Phil Harding

  Continuing On, Humanity, Being Positive

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• We must reset our sails to take advantage of these changing winds and prosper as a business and individual. You can make the most of this downturn and position yourself for the next boom that's going to follow.

  Harry S. Dent

  Wind, Next, Individual

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• Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.

  Manmohan Singh

  Real, Giving, World

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