Quotes & Sayings About Economic Crisis

The truth is, I can't help the way people perceive anything, from the role of financial industry in the economic crisis, to the place of women's fiction in the canon of modern literature, to the rank of mint chocolate chip ice cream as a favorite Baskin-Robbins flavor. — Erin Duffy

The situation - having to choose between imposing higher retail prices and reducing investments and military spending - created a dilemma for the government: deciding between conflict with the public or with the Party economic elite. But not making a decision heightened the risk that, as the crisis developed, there would be conflict with both the public and the elite.18 The new generation of leaders clearly did not understand this. The traditional management of the economy was oriented on natural, rather than abstract, parameters. The development of cattle breeding was discussed at the highest level more frequently than the country's budget. Industry and business leaders regarded finances as necessary but dreary bookkeeping.19 In addition, information on the real state of the budget, hard currency reserves, foreign debt, and balance of payments was available only to an extremely narrow circle of people, many of whom understood nothing about it anyway. — Yegor Gaidar

The ultimate goal of those who blame workers for Wall Street's economic crisis is to unravel the fabric of our common life in pursuit of greed and power. — Richard Trumka

The crisis is a period in which a diseased social, economic, and political body or system cannot live on as before and is obliged, on pain of death, to undergo transformations that will give it a new lease on life. Therefore, this period of crisis is a historical moment of danger and suspense during which the crucial decisions and transformations are made, which will determine the future development of the system if any and its new social, economic, and political basis. — Andre Gunder Frank

The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass

Neither, it turned out, was politics. His views on government were strong, if a trifle simplistic. The cause of the Depression, he felt, was Al Capone. "The trouble with the nation's economy," he declared, was simply Prohibition, which "makes it possible for large-scale dealers in illicit liquor to amass tremendous amounts of currency"; the "present economic crisis," he explained, was due to the "withdrawal of billions of dollars from the channels of legitimate trade" by these bootleggers. — Robert A. Caro

She [Carolyn Maloney] knows the financial issues, that's why we thought she was perfect because we're in a - we're in, as you know, a financial crisis, an economic crisis, and I know that she'll see the whole picture. — Eleanor Smeal

Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world. — Kathleen Parker

Because of the economic crisis, China and the United States are bound together. This is a totally new phenomenon, and nobody will fight for ideology anymore. It's all about business. — Ai Weiwei

The only surprise about the economic crisis of 2008 was that it came as a surprise to so many. — Joseph Stiglitz

There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected. — Jean-Francois Cope

After the oil crisis of 1973, many European countries tightened restrictions on immigrants. By then, millions of Muslims had decided to settle in Europe, preferring the social segregation and racial discrimination they found in the West to political and economic turmoil at home. — Pankaj Mishra

Women's entry into the public sphere can be seen not merely as the result of contemporary economic pressures, the high rate of divorce, or the success of the feminist movement, but rather as a profound evolutionary response to a pervasive cultural crisis. Feminine principles are entering the public realm because we can no longer afford to restrict them to the private domestic sphere, nor allow a public culture obsessed with Warrior values to control human destiny if we are to survive. — Sally Helgesen

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy - not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. — Eric Hobsbawm

Canadian money is also called the loony. How can you take an economic crisis seriously? — Robin Williams

A deep and enduring economic crisis like the Great Depression of the 1930s, or a natural disaster that kills tens of thousands of people, might change America's fundamental calculus about economic justice. Until then, the American public will probably continue to refrain from broadly challenging both male and female corporate leaders who compensate themselves far in excess of their value to society. That — Sebastian Junger

There's a tendency for those unfamiliar with cooperatives to look down on them as the leftovers of the mainstream economy, implying that if these ideologically driven people simply reorganized themselves into "normal" private companies, they would be more efficient and productive. In fact, just the opposite is true: Cooperatives often enter into economic activities that private businesses will not take on. The most fertile period of cooperative growth was during the Great Depression. Rural electric cooperatives spread across the American plains when it became clear that other investor-owned and municipally owned utilities were uninterested in wiring up sparsely populated regions. Credit unions, as we'll soon explore, have seen an upsurge during the recent financial crisis. — Michael Shuman

Where people are now in terms of the economic crisis, they're looking at what we think is the bottom, and I think that's when people look to film and to spirituality. — Emilio Estevez

Did my education fail me? Or, even worse, did I fail my education? There's a larger question to be asked here, too, since I'm also a microcosm of my peer group. Why did so many highly educated people from elite business schools and privileged background contribute to and exacerbate the financial crisis of 2008-2009? Did our education fail us? Or did we fail our education? These questions haven't been answered adequately by the prestigious universities that groomed all these high-powered creators of economic mayhem. — Guy Spier

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

The absence of conditions for self-realization in a country, region and community leads to stagnation, social and economic crisis — Sunday Adelaja

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones. — Nouriel Roubini

Revolutions as often take place because the old regime simply collapse out of economic inefficiency and bureaucratic rigidity rather than for the reasons given out by their successors taking too much credit, however heroic their actions at the time of crisis (but so often in the past hopeless). — Bernard Crick

The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis. — Arthur Henderson

In an ironic sense, Karl Marx was right. We are witnessing today a great revolutionary crisis, a crisis where the demands of the economic order are conflicting directly with those of the political order. But the crisis is happening not in the ... West, but in the home of Marxism-Leninism, the Soviet Union. It is the Soviet Union that runs against the tide of history by denying human freedom and human dignity to its citizens. — Ronald Reagan

The United States is now a bloated military empire on the cusp of steady and irrevocable economic decline. Historically, the danger in such cases is that when the fiscal stability of the empire begins to weaken, the governing elites double down on the very policies of military profligacy that caused the fiscal crisis in the first place. And that appears to be what the people who run America would like to do. This — Mike Lofgren

Credit expansion results in the recurrence of economic crisis and periods of depression. Inflation makes the prices of all commodities and services soar. The attempts to enforce wage rates higher than those the unhampered market would have determined produce mass unemployment prolonged year after year. Price ceilings result in a drop in the supply of commodities affected. The economists have proved these theorems in an irrefutable way. No — Ludwig Von Mises

The economic crisis, so conveniently operated and driven by the markets, by financial groups, by the needs of a globalized economy, faces the task of restoring social control, which the crisis of modernity lost sight of. — Zygmunt Bauman

The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities. — Mark Steyn

We are in a crisis today because the practical consensus between the left and the right, linking economic efficiency with social protection, has broken down — Andre Glucksmann

F.D.R. had an economic crisis of unprecedented proportions in 1933 when he drove 15 major bills through the Congress, and super majorities in the House and the Senate in 1935 when he won passage of Social Security. — Robert Dallek

The 1.8 million child deaths each year related to clean water and sanitation dwarf the casualities associated with violent conflict. No act of terrorism generates economic devastation on the scale of the crisis in water and sanitation. Yet the issue barely registers on the international agenda. — Rose George

To maintain, in this new situation, the old missionary attitude is not merely inexcusable but positively dangerous. In a world threatened with nuclear war, a world facing a global ecological crisis, a world more and more closely bound together in its cultural and economic life, the paramount need is for unity, and an aggressive claim on the part of one of the world's religions to have the truth for all can only be regarded as treason against the human race. — Lesslie Newbigin

I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. — Abraham Lincoln

She was still not at ease with the idea that she was now important enough to have people as accessories. Nor was she comfortable with the idea of these people as gatekeepers with access to the details of their personal lives. Whenever she felt herself shrinking under the indifferent glare of the staff that surrounded her, as she did in this instance, she straightened her back and lifted her chin in the way that Chiedza, her trusted advisor-friend, had instructed her to do. — Panashe Chigumadzi

Women's struggle for equality worldwide is about more than equality between men and women. Our struggle is about reversing the trends of social, economic, political, and ecological crisis - a global nervous breakdown! Our struggle is about creating sustainable lives and attainable dreams. — Bella Abzug

In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education. — Tom Vilsack

The primary near-term security concern of the United States is the global economic crisis and its geopolitical implications. — Ziad K. Abdelnour

It is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television. — Thomas Sowell

President Obama has a good sense not just of the economic requisites for financial crisis firefighting but also how you build political support for moving forward on reforming the financial system, making sure that the banks are carrying enough capital. — Lael Brainard

The immersive ugliness of the built environment in the USA is entropy made visible. It indicates not simple carelessness but a vivid drive toward destruction, decay and death: the stage-set of a literal "death trip," of a society determined to commit suicide. Far from being a mere matter of aesthetics, suburbia represents a compound economic catastrophe, ecological debacle, political nightmare, and spiritual crisis - for a nation of people conditioned to spend their lives in places not worth caring about. — James Howard Kunstler

There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis. — Peer Steinbruck

As the systems theorist Fritjof Capra points out, humanity's social, political, economic, and environmental plights are all manifestations of a cultural crisis brought about by adherence to outdated conceptual models ... Under the reductionist paradigm, humans' concept of nature devolved from that of living organism to machine, and the predominant value system came to be based on the domination and control of nature rather than respect for and harmony with the natural world. — Alex Gerber Jr.

Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that. — Sebastian Pinera

It's true across the U.K. that those who had least to do with causing the economic crisis are carrying the heaviest burden. That's unacceptable. — Johann Lamont

I feel like the thing we can do is celebrate people doing great work and create more cultural momentum and awareness that this is an important thing in the world. So when the next economic crisis hits and people are talking about where to cut from the budget, science isn't the thing. — Mark Zuckerberg

So every dollar spent on finding some gene or hormone to explain why becoming fat is not because of sugary drinks, fried foods or unchecked gluttony is a dollar not spent on getting food for the hungry, vaccines for babies, shelter for the homeless. But the rules are made by the ones in power, these neo-Brahmins, and we must follow them if we want to survive in this global village. — Anirban Bose

First National Bank laid off 1,000 people; where do they go? There are no jobs for them. So we are having serious economic problems in this country. We are in a real economic crisis. — Richard M. Daley

Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big, — Yuval Noah Harari

Here at home, ... while the most likely scenario remains solid growth and low inflation
subject to the usual ups and downs
certain sectors have been impacted by the crisis, some because of increased imports and others because of decreased exports. Moreover, problems in the global economy do constitute a risk to all our overall economic well-being. — Robert Rubin

I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth. — Angela Merkel

The 'environmental crisis' has happened because the human household or economy is in conflict at almost every point with the household of nature. We have built our household on the assumption that the natural household is simple and can be simply used. We have assumed increasingly over the last five hundred years that nature is merely a supply of 'raw materials,' and that we may safely possess those materials by taking them ... And so we will be wrong if we attempt to correct what we perceive as 'environmental' problems without correcting the economic oversimplification that caused them. — Wendell Berry

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. — Ben Bernanke

We can become very short-sighted in terms of objectives. The first thing to go during times of economic crisis and budget cuts is funding for things that are essential and not-quantifiable, like the arts. Save Big Bird — Julia Stiles

I want to promote the introduction of art history in primary schools and to convince the general public that, even in a period of economic crisis, arts funding is an absolute necessity at the federal, state, and local levels. — Camille Paglia

The [economic crisis] means that we have to address the challenges and the risks, and we need to take into account the level of resources. Doing better with less means doing it more together. — Stephane Abrial

Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn — Dmitry Medvedev

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian. — Karl Lagerfeld

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. — Ludwig Von Mises

The true crisis in our world is not social, political, or economic, our crisis is the crisis of consciousness: an inability to directly experience our true nature, an inability to recognize this nature in everyone and in all things. — Daniel Schmidt

We in Himalaya are facing a crisis of survival due to the suicidal activities being carried out in the name of development ... The monstrous Tehri dam is a symbol of this ... There is need for a new and long-term policy to protect the dying Himalaya. I do not want to see the death of the most sacred river of the world-the Ganga- for short-term economic gains. — Sunderlal Bahuguna

ECONOMIC IMPACT - The United States buys almost three quarters of a trillion dollars ($738,000,000,000.00) more from overseas suppliers than it sells in exports (balance of trade deficit). Overall, the US buys about $ 2.5 trillion dollars in goods and services produced by the other nations of the world every year. With the United States gone as the world's economic engine, the remaining nations of the world will, in varying degrees, immediately suffer from staggering financial depression. The financial credit crisis that started in mid-September, 2008 in the United States, soon reverberated in stock markets across the world. — John Price

The League of Independent Theater represents a coming together of actual artistic and theatrical forces that may yet undo the difficulty of our times in maintaining the highest artistic standards in a period of economic crisis. Who can save us from the downhill trend of our economy except the vigor of our arts? Theatre, music and education are our only hopes to lift our times beyond their despair and create a viable, prosperous culture. — Judith Malina

One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it. — Robert J. Samuelson

Ebola is not just a health crisis. Across West Africa, a generation of young people risks being lost to an economic catastrophe, — Ellen Johnson Sirleaf

Therefore, if one were to consider that there was virtually no possibility of success through the US-Japan negotiations, the military and economic pressures would only force Japan into further crisis if time were allowed to pass in vain. — Hideki Tojo

The warning signs had been there since the crash of 2008, but after the initial shock, nothing had been done to correct the problem. Banks had been trading over $7 trillion in risky derivatives daily, as well as fixing interest rates and making bets on the rigged games. There was an ever-growing gap between the elite and all the rest of the people which had continued to develop even after the 2008 crash. — Kenneth Eade

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

The world has never been as divided as it is now, what with religious wars, genocides, a lack of respect for the planet, economic crisis, depression, poverty, with everyone wanting instant solutions to at least some of the world's problems or their own. And things only look bleaker as we head into future. — Paulo Coelho

In a world wracked by hatred, economic crisis, and political tension, America remains mankind's best hope. — Ronald Reagan

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses. — Ben Bernanke

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime. — Barack Obama

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe. — George Papandreou

I have a simple plan to solve the economic crisis. Give every American a $100 credit to the dog track of their choice. I have found the puppies to be a reliable source of income with a consistent rate of return. — Willie Geist

It seems like someone is using wars and our economic crisis to spread distrust and rancor among the population. In times like these, those are dangerous feelings to spread around. — Riccardo Bruni

Similar questions were posed to Allende as to me. Allende was told that he blamed everything on a conspiracy, on the economic crisis, that he blamed the high inflation that sabotaged him on the United States, and that he was frequently accusing the little lambs of Nixon and Kissinger of a coup. But everything became known later. — Nicolas Maduro

Democrats are making it clear that they intend to use our economic crisis to rush through their longtime liberal goals without public scrutiny or debate ... This will increase burdens on taxpayers and take a significant step toward socialized medicine. — Jim DeMint

Poverty is not only about income poverty, it is about the deprivation of economic and social rights, insecurity, discrimination, exclusion and powerlessness. That is why human rights must not be ignored but given even greater prominence in times of economic crisis. — Irene Khan

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts. — Ron Paul

Investors are impatient and they are also desperate for the 'next big thing,' and they are not paying attention to the fact that the 'next big thing' can be an economic crisis that they have created by being very irresponsible with their power. — Carmen Busquets

Today's reports confirm that, unfortunately, post-crisis America is still not back to its good economic self. — Mohamed El-Erian

If you had to explain America's economic success with one word, that word would be "education" ... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board ... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process. — Paul Krugman

The economic crisis has weakened the EU for years. — Yanis Varoufakis

This intolerable dependence on foreign oil threatens our economic independence and the very security of our nation. The energy crisis is real. It is worldwide. It is a clear and present danger to our nation. These are facts and we simply must face them. — Jimmy Carter

The general economic growth of the quarter of a century that followed World War II not surprisingly created many illusions. In the West, people thought that they had found in Keynesianism the definitive solution to the problem of crises and unemployment. It was thus thought that the world had entered into an era of perpetual prosperity and definitive mastery of the business cycle. In the socialist world, it was also thought that the model formula for even higher growth had been discovered which enabled Khruschev to announce victoriously that by 1980 the USSR would have overtaken the united States "in every domain." In the third world of Africa and Asia, the national liberation movements which had seized political independence, also had a battery of prescriptions which, in a mix of capitalist and socialist recipes, in doses that varied from case to case, would enable these movements to overcome "underdevelopment" in "interdependence. — Samir Amin

More than ever before, we need to learn and apply the principles of economic self-reliance. We do not know when the crisis involving sickness or unemployment may affect our own circumstances. We do know that the Lord has decreed global calamities for the future and has warned and forewarned us to be prepared. For this reason the Brethren have repeatedly stressed a 'back to basics' program for temporal and spiritual welfare. — Ezra Taft Benson

Raising the traditional and early retirement ages will mean extending workers' taxable earning years, fueling economic growth and putting a dent in our unfunded-liabilities crisis by delaying payouts. — Michelle Malkin

Imperialist expansion had been touched off by a curious kind of economic crisis, the overproduction of capital and the emergence of "superfluous" money, the result of oversaving, which could no longer find productive investment within the national borders. For — Hannah Arendt

Funny thing about those Middle Ages, said Joseph. They just keep coming back. Mortals keep thinking they're in Modern Times, you know, they get all this neat technology and pass all these humanitarian laws, and then something happens: there's an economic crisis, or science makes some discovery people can't deal with. And boom, people go right back to burning Jews and selling pieces of the true Cross. Don't you ever make the mistake of thinking that mortals want to live in a golden age. They hate thinking. — Kage Baker

You know, Tsitsi, you are so quick to point out that you are not a prostitute. I just want to laugh because you are just falling into rank. You all should spare us your 'morality' that lauds 'women' over the supposedly lesser 'whores' and 'girls'. That's how society sees us. That's how you see us. You want it to be that we are like coal, only to be loved in the dark and tossed like ashes come morning. — Panashe Chigumadzi

But Empire building also bears the seeds of its own destruction. The closer a state comes to the ultimate goal of world domination and one-world government, the less reason is there to maintain its internal liberalism and do instead what all states are inclined to do anyway, i.e., to crack down and increase their exploitation of whatever productive people are still left. Consequently, with no additional tributaries available and domestic productivity stagnating or falling, the Empire's internal policies of bread and circuses can no longer be maintained. Economic crisis hits, and an impending economic meltdown will stimulate decentralizing tendencies, separatist and secessionist movements, and lead to the break-up of Empire. We have seen this happen with Great Britain, and we are seeing it now, with the US and its Empire apparently on its last leg. — Hans-Hermann Hoppe

If you can capture the humanity of a family struggling in an economic crisis you can make a difference. You can raise awareness just of the simple humanity. — Emily Blunt

Republicans in Congress have two choices here: They can act responsibly and pay America's bills, or they can act irresponsibly and put America through another economic crisis. But they will not collect a ransom in exchange for not crashing the American economy — Barack Obama

We believe that the developing crisis in the capitalist system, by which we mean both economic stagnation, and the social and political conflicts to which it gives rise, makes it possible to think in terms of developing a sizeable and serious revolutionary socialist party in a way that was not possible 20 or even 10 years ago. — Anthony Crosland

I think that if we don't get these politicians to come together we face the most predictable economic crisis in history. — Erskine Bowles

The widely mis-interpreted 1998 'meltdown' of East Asia was a financial symptom of the renewed reality: In fact, it was the first round the world recession again to begin in East Asia and spread from there to the West, instead of vice versa. That marked the beginnings of the return back 360 degrees around the world of the world economic center to Asia where it had always been before those two eighty-year period of temporary Western ascendance. The stock market crash in Hong Kong and the devaluation of the Thai baht and the Indonesian rupia took only 80 seconds to make themselves felt in the London City and on New York's Wall Street. How much of a cultural lag do we still need for popular perception and social theory to catch up with global reality? — Andre Gunder Frank

If we are to maintain our position as a global economic leader, we've got to end the govern-by-crisis mentality that sets us back instead of moving us forward. — Scott Peters

Only through the struggle of the working class, the main revolutionary force in modern society, can a progressive solution be found to the crisis created by the breakdown of capitalism. The working class is revolutionary because 1) it is the principal productive force in society; 2) the historical and political logic of its resistance to capitalist exploitation and oppression leads to the abolition of private ownership of the means of production, the replacement of the profit motive with the satisfaction of social needs as the driving principle of economic life, and the realization of genuine social equality among all people; and 3) it is an international class whose victory will break down the barriers of national states and unite humanity in a truly global community devoted to the protection and development of its common home, the Earth. — Anonymous

Oh, and 13.1 million American people had their homes foreclosed. Because their debt, it turns out, was real; it was only the debt within the financial sector that was imaginary. It was only the people who generated the crisis who got three magical wishes from an economic genie. There was no abracadabra for ordinary people; they just got abraca-fucked. — Russell Brand

Increasingly economic historians can draw analogies between the development of the present crisis and the period between the two world wars, as well as the crisis of a century ago, which was associated with the so-called great depression of 1873-1895. The latter crisis resulted in the rise of monopoly capitalism and imperialism, but also the end of Pax Britannica, as Britain began its decline from world leadership in the face of challenges from Germany and the United States. The present world crisis seems to be spelling the beginning of the end of Pax Americana and may hold untold other major readjustments in the international division of labor and world power in store for the future. — Andre Gunder Frank