Debt Crises Quotes & Sayings

If there is one common theme to the vast range of crises ... it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom. — Carmen Reinhart

By turning herself into a fucking machine, she has created a kind of temporary grid. But underneath, in the place of dream and feeling, she is going places that she, on the surface, would not understand. — Mary Gaitskill

It takes very little to make us [women] happy, and more than is contained in heaven and earth to keep us that way — Joseph Heller

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending — Nassim Nicholas Taleb

As I drew a still fresher soil about the rows with my hoe, I disturbed the ashes of unchronicled nations who in primeval years lived under these heavens, and their small implements of war and hunting were brought to the light of this modern day. — Henry David Thoreau

Few things are strong enough to survive that deadly clash of mania and depression. Certainly not love. Love is far too fragile: it is a picture window, just begging to be shattered. — Terri Cheney

The inhabitants of Canada appeared to be suffering between two fires,
the soldiery and the priesthood. — Henry David Thoreau

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty. — David Korten

We must work to repeal trade agreements that impede access to affordable generic drugs. We must work to cause the IMF and the World Bank to reduce and eventually eliminate the debt that takes poor nations' resources away from crises like AIDS. We must focus America's leadership on addressing and ending this epidemic. — Dennis Kucinich

I had to kiss Ruthie Henshall once with a cold. It was the final romantic moment in She Loves Me; as we separated, I noticed this arc of glistening mucus threaded between us. — John Gordon Sinclair

MASHA : Happiness does not depend on riches; poor men are often happy. — Anton Chekhov

We have to make their livelihoods viable, get them the proper prices for their produce, try and make them stay rather than sell their property and leave again. — Paddy Ashdown

Failure to recognize the difficulty in escaping a situation of high debt intolerance simply through growth and gently falling ratios of debt to GNP is one of the central errors underlying many standard calculations employed both by the private sector and by official analysts during debt crises. — Anonymous

You are what you leave behind. — Greg Bear

When the Eurozone was started, a fundamental stabilising force that existed at the level of the member-states was taken away from these countries. This is the lender of last resort function of the central bank." EZ governments, "could no longer guarantee that the cash would always be available to roll over the government debt." Unlike stand-alone nations, EZ members did not have "the power to force the central bank to provide liquidity in times of crisis." This created a fundamental fragility in the monetary union. Without a buyer-of-last-resort, shocks that provide re-funding difficulties in banks or nations can trigger self-fulfilling liquidity crises that degenerate into solvency problems. — Richard Baldwin

None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises. — Bill Bonner

I love old funky things. Color just makes me happy, and things all lined up. — Bobbi Brown

You have those songs that are very special to you that you don't want to get ruined by production. Something like 'Start Again' shouldn't be touched. It's a classic-sounding song on a piano and violins and harmonies, and I think those songs are perfect as they are. — Conrad Sewell

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. — Ben Bernanke