Asset Bubble Quotes & Sayings

You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically. — Marc Faber

The best approach here if at all possible is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset price bubble bursts in the future. — Ben Bernanke

Anyone can read a self-help book and start preaching. It takes a lot of courage (and everything else) to change your life before becoming a life coach. — Maddy Malhotra

No one is exempt from grief. The — Gregory Maguire

You couldn't have fed the '50s into a computer and come out with the '60s. — Paul Kantner

You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C. — Charlie Munger

The Republicans, they are in the danger of rooting for the country to fail. They look bad that way, I mean, and I want to say to them, cheer up, Republicans. Eventually, things will get worse. — Mark Shields

Dude, you're a vampire. EVERY day sucks for you. — Heather Brewer

The ultimate asset bubble is gold. — George Soros

I have taken an oath in my heart to oppose communism until the day I die. — Eldridge Cleaver

Yellen's comments suggest, and I agree, that we are in an asset bubble. — Carl Icahn

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold. — George Soros

Back in July 2003, he'd written them a long essay on the causes and consequences of what he took to be a likely housing crash: "Alan Greenspan assures us that home prices are not prone to bubbles - or major deflations - on any national scale," he'd said. "This is ridiculous, of course ... . In 1933, during the fourth year of the Great Depression, the United States found itself in the midst of a housing crisis that put housing starts at 10% of the level of 1925. Roughly half of all mortgage debt was in default. During the 1930s, housing prices collapsed nationwide by roughly 80%. — Michael Lewis

It is ludicrous to believe that asset bubbles can only be recognized in hindsight," he wrote. "There are specific identifiers that are entirely recognizable during the bubble's inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud ... . The FBI reports mortgage-related fraud is up fivefold since 2000." Bad behavior was no longer on the fringes of an otherwise sound economy; it was its central feature. — Michael Lewis

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability. — Alan Greenspan

The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles — Charles P. Kindleberger

Heracles was strangely silent. What is he thinking? / Geryon wondered. / Geryon watched prehistoric rocks move past the car and thought about thoughts. / Even when they were lovers / he had never known what Herakles was thinking. Once in a while he would say, / Penny for your thoughts! / and it always turned out to be some odd thing like a bumper sticker or a dish / he'd eaten in a Chinese restaurant years ago. / What Geryon was thinking Herakles never asked. In the space between them / developed a dangerous cloud. — Anne Carson

The Japanese experience, when a conscious effort by the central bank to prick an asset bubble ended up triggering an 80 per cent stock market sell-off and a decade of economic stagnation. — Niall Ferguson

Though I may not be a king in my future life, so much the better: I shall nevertheless live an active life and, on top of it, earn less ingratitude. — Frederick The Great

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price. — James Chanos

Like no matter what happens, this would be the ultimate, they can make something positive happen. — Herbie Hancock

He whose book of the heart has been opened needs no other books. — Swami Vivekananda

I've appreciated every winner. I love them all. — Tony McCoy