financial crisis quotes

The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital – in some cases, overcome, though all figures are dubious for these secret and often illegal operations.

When the stock market crashed, Franklin Roosevelt got on the television and didn’t just talk about the princes of greed. He said, ‚Look, here’s what happened.‘

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

A financial crisis is a great time for professional investors and a horrible time for average ones.

The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.

During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That’s because they were at the bottom of the investing food chain.

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

Food Stamp recipients didn’t cause the financial crisis; recklessness on Wall Street did.

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

It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.

We’re still in a recession. We’re not gonna be out of it for a while, but we will get out.

No one saw the recession coming.

I bet taxpayers remember providing more than $812 billion to Citigroup and Bank of America, two Wall Street banks, in 2009 to bail them out during the 2008 financial crisis. Taxpayers remember that generosity; big banks evidently don’t.