#financial crisis

The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over. ↗

— Hu Jintao

#economy #factors #far #financial #financial crisis

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. ↗

— Carrie Brownstein

#always #anxiety #before #better #clarity

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

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

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis. ↗

— Peter Welch

#bank #carefully #crisis #department #financial

During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires. ↗

— Thomas Frank

#average people #bailouts #billionaires #crisis #during

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened. ↗

— Lee Myung-bak

#crisis #engage #financial #financial crisis #fortunately

With the lessons taken from the financial crisis in 1997, the Republic of Korea has been able to surmount the global economic crisis rather successfully. ↗

— Lee Myung-bak

#been #crisis #economic #economic crisis #financial

Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it. ↗

— Ed Royce

#congress #could #course #crisis #decision

The President and the Democrats on Congress have exploited the financial crisis to advance their socialist big government tax, spend and borrow agenda. ↗

— Bradley A. Blakeman

#agenda #big #big government #borrow #congress