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Financial Crisis Quotes

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By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.  (Financial Crisis Quotes) We have already seen some instances of systemic risk in recent times in the Asian financial crisis. But what sparked off the Asian financial crisis? Automated trading programmes!  (Financial Crisis Quotes) The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.  (Financial Crisis Quotes) However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward truth tellers. One of the lessons of the financial crisis that led to the Great Recession is that there are periods in which competition, among experts and among organizations, creates powerful forces that favor a collective blindness to risk and uncertainty  (Financial Crisis Quotes) There was a time when if you had a financial crisis in Southeast Asia somewhere, it had no impact on our markets. Today it does.  (Financial Crisis Quotes) Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.  (Financial Crisis Quotes) There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,  (Financial Crisis Quotes) I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in the economy.  (Financial Crisis Quotes) I admire President Obama. He inherited the worst financial crisis since the Great Depression. That was a terrible time for America.  (Financial Crisis Quotes) I’m quite worried about the fiscal imbalances that we’ve got and what that might mean in terms of financial crisis ahead.  (Financial Crisis Quotes) For me, the Asian financial crisis of 1998 and the war in Kosovo in 1999 are the prelude to the integral accident.  (Financial Crisis Quotes) When the financial crisis arrived, it seemed to me that this was something I had to make a movie about.  (Financial Crisis Quotes) No man bears more responsibility for the present worldwide financial crisis and coming depression than Alan Greenspan.  (Financial Crisis Quotes) If Freddie Mac is unable to raise capital, it could spark a political and financial crisis  (Financial Crisis Quotes) It’s not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for  (Financial Crisis Quotes) The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007  (Financial Crisis Quotes) Washington’s answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The ‘fiscal cliff’ process was secretive and sloppy, and the nation’s so-called leadership lacked the political courage to address our root problems: joblessness and debt  (Financial Crisis Quotes) Blaming speculators as a response to financial crisis goes back at least to the Greeks. It’s almost always the wrong response  (Financial Crisis Quotes) I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy  (Financial Crisis Quotes) President Obama inherited a broken country mired in two wars, a financial crisis, a mortgage mess and more than we all probably even know about and has in my opinion brought us back from the brink. But I still see my friends in no better shape and the gap widening  (Financial Crisis Quotes) There was a clarity to the Nineties. It was pre-9/11, before that anxiety kicked in that exists right now about the financial crisis or terrorism. We were all just going to move forward into the millennium and everything was always going to get better. Then, whoops, that didn’t happen  (Financial Crisis Quotes) Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges  (Financial Crisis Quotes) 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  (Financial Crisis Quotes) Being on a movie set is like one long financial crisis  (Financial Crisis Quotes) Managing and navigating through a financial crisis is no fun at all  (Financial Crisis Quotes) Whenever there is a a financial crisis, it is always the banks that get hit  (Financial Crisis Quotes) Financial crisis is the moment of truth for real collectors and true artists  (Financial Crisis Quotes) I fear the financial crisis of 1998 may become the trade crisis of 1999  (Financial Crisis Quotes) The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis  (Financial Crisis Quotes) The financial crisis is only slightly more distressing than everyone trying to explain it to me  (Financial Crisis Quotes)
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