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Read through the most famous quotes by topic #crisis
It is truth, in the old saying, that is 'the daughter of time,' and the lapse of half a century has not left us many of our illusions. Churchill tried and failed to preserve one empire. He failed to preserve his own empire, but succeeded in aggrandizing two much larger ones. He seems to have used crisis after crisis as an excuse to extend his own power. His petulant refusal to relinquish the leadership was the despair of postwar British Conservatives; in my opinion this refusal had to do with his yearning to accomplish something that 'history' had so far denied him—the winning of a democratic election. ↗
#britain #british-empire #cold-war #conservative-party-uk #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. ↗
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. ↗
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. ↗
Look, the president is elected to lead and to face the country's biggest challenges. The country's biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I'm really hoping that he is going to give us a budget that tackles this debt crisis. ↗
#biggest #biggest challenge #biggest challenges #budget #challenge
