#crisis

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

When your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism. ↗

— Cory Booker

#asked #being #class #class warfare #costly

In a crisis, don't hide behind anything or anybody. They're going to find you anyway. ↗

— Paul Bryant

#anything #anyway #behind #crisis #find

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian. ↗

— Karl Lagerfeld

#chinese #crisis #economic #economic crisis #fortunately

While it is clear that we need to make some adjustments to protect Social Security for the long term, it is disingenuous to say that the trust fund is facing a crisis. ↗

— Carl Levin

#crisis #disingenuous #facing #fund #long

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality. ↗

— Andrew Lo

#conceit #crisis #economics #events #financial

Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe. ↗

— John Major

#banking #bonds #could #create #crisis

I suspect the psychological pressure associated with that crisis caused the first mental blackout I had ever suffered. It contributed to a deterioration in my health that later required the insertion of a heart pacemaker. ↗

— Kamisese Mara

#blackout #caused #contributed #crisis #deterioration

We are at crisis point. I think anybody that sees this nation as being on stable economic or fiscal ground is fooling themselves. ↗

— Joe Miller

#being #crisis #economic #fiscal #fooling

This unprecedented crisis, which is without doubt the worst since the second world war, is not over. ↗

— Giorgio Napolitano

#doubt #over #second #second world war #since