#recess

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

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession. ↗

— William Greider

#bankrupt #bottom #economic #economic policy #economy

Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States. ↗

— Rick Mercer

#bad #canada #constantly #course #fairly

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt. ↗

— Angela Merkel

#confidence #considerable #debt #europe #germany

I used to collect hockey cards. It was like Vegas at my school. You'd go to school with your box of cards, and at recess and lunchtime there were all these games we'd play. ↗

— Steve Nash

#cards #collect #games #go #hockey

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer. ↗

— Lucy Powell

#could #deal #doing #great #great deal

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me. ↗

— Lucy Powell

#brown #economy #effective #fiscal #get

Recession is when a neighbor loses his job. Depression is when you lose yours. ↗

— Ronald Reagan

#depression #his #job #lose #loses

I thought I would set the world on fire when I got out of college. I had done quite well in a field that was growing. Unfortunately, we got hit with a recession in 1981. ↗

— R. A. Salvatore

#done #field #fire #got #growing

Our first goal is to stop the recession and start with recovery. ↗

— Antonis Samaras

#goal #our #recession #recovery #start