#economy

Nothing is more useless in developing a nation's economy than a gun, and nothing blocks the road to social development more than the financial burden of war. War is the arch enemy of national progress and the modern scourge of civilized men. ↗

— King Hussein I

#blocks #burden #civilized #developing #development

But let no one be under any doubt that the scale of the challenge that Europe faces in this emerging global economy is immense and the practical pace of our collective action to meet these challenge to date has just been too slow. ↗

— John Hutton

#any #been #challenge #collective #date

The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that. ↗

— Fareed Zakaria

#american consumer #china #consumer #doubled #economy

What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies. ↗

— Fareed Zakaria

#american economy #because #developments #economy #envy

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate. ↗

— Mark Zandi

#against #become #during #economic #economy

It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use. ↗

— Mark Zandi

#distressed #economy #engage #fully #house

It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed. ↗

— Mark Zandi

#bandage #began #crisis #dark #economy

Our economy isn't going to recover until the housing market finds its footing. ↗

— Mark Zandi

#finds #footing #going #housing #housing market

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. ↗

— Mark Zandi

#although #been #demonstrates #during #economy

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating