Quotes & Sayings About Financial Instability

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

There are only a handful of countries that have experienced what Indonesia has endured: financial crisis, political instability, separatism, ethnic conflicts, terrorism and natural disasters. Given the array of challenges that confronted us, what Indonesia has become today is nothing short of remarkable. Indonesia today is a country with a different Islam, democracy and modernity can go hand in hand. — Susilo Bambang Yudhoyono

I have to say that if our global alliances are going to be alliances with Hezbollah and Hamas and Hugo Chavez's Venezuela and Vladimir Putin's Russia, there is absolutely no chance of building a world-wide alliance that can deal with poverty and inequality and climate change and financial instability, and we've got to face up to that fact. — Gordon Brown

We simply cannot afford any further delay in providing the IMF with the resources it requires to help contain the threat of further financial and political instability around the world. — Robert Rubin

Large numbers of under-capitalized banks were a recipe for financial instability, and panics were a regular feature of American economic life - most spectacularly in the Great Depression, when a major banking crisis was exacerbated rather than mitigated by a monetary authority that had been operational for little more than fifteen years. — Niall Ferguson

The American Constitution was carefully rigged by the noteholders, land speculators, rum runners, and slave holders who were the Founding Fathers, so that it would be next to impossible for upstart dirt farmers and indebted masses to challenge the various forms of private property held by these well read robber barons. Through this Constitution, the over-privileged attempted to rule certain topics out of order for proper political discussion. To bring these topics up in polite conversation was to invite snide invective, charges of personal instability, or financial ruin. — G. William Domhoff

How often do police accidentally shoot and kill bankers who are committing financial crimes, stealing homes, and plunging the nation into economic instability and recession? — Ralph Nader

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe
make policy
to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it. — Hyman Minsky

Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops ... eventually it all catches you at the same time. — Johnnie Dent Jr.