#crisis

The relationship between the people and their money in California is such that you can pluck almost any city at random and enter a crisis. San Jose has the highest per capita income of any city in the United States, after New York. It has the highest credit rating of any city in California with a population over 250,000. It is one of the few cities in America with a triple-A rating from Moody’s and Standard & Poor’s, but only because its bondholders have the power to compel the city to levy a tax on property owners to pay off the bonds. The city itself is not all that far from being bankrupt. ↗

— Michael Lewis

#financial-crisis-of- #money

The White House isn't the place to learn how to deal with international crisis, the balance of power, war and peace, and the economic future of the next generation. ↗

— Joe Biden

#balance of power #crisis #deal #economic #economic future

Racism is always there underneath, but usually it is exploited in these times of economic crisis, and it's hard to find out when one slides into another. ↗

— Iris Chang

#another #crisis #economic #economic crisis #exploited

I totally relate to Tom Cruise. He's not crazy, it's just the litany of the mid-life crisis. ↗

— Bret Easton Ellis

#crisis #cruise #i #just #life crisis

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time. ↗

— Rahm Emanuel

#blueprint #crisis #financial #fixing #global

The World Bank is now the biggest culprit in the debt crisis. ↗

— Susan George

#biggest #crisis #culprit #debt #now

Progressive rhetoric has the effect of concealing social crisis and moral breakdown by presenting them as the birth pangs of a new order. ↗

— Christopher Lasch

#breakdown #concealing #crisis #effect #moral

But the most important thing is, Enron did not cause the California crisis. ↗

— Kenneth Lay

#cause #crisis #did #enron #important

I happen to believe that health care is an imminent crisis. It is. ↗