Recessions Quotes & Sayings

The stock market has predicted nine of the last five recessions. — Paul Samuelson

I believe very sincerely that we were extremely fortunate to have the recent recession while George Bush was President, just as we were very lucky that the recession of 1990 was under George H.W. Bush's presidency and the recession of 1981 was under Ronald Reagan. I think the fact that recessions tend to happen when Republicans are in the White House is a perfect example of God's divine providence. I've heard it said that the good Lord doesn't give you anything you can't handle, and maybe that's why he tries to always have us running things during economic downturns. — Jack Kimble

There is empirical evidence that leading brands that keep investing during recessions gain share. — Ken Kaess

Recessions are hard on people, but they are not hard on art. — Jerry Saltz

Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions. — Peter D. Schiff

Not only does Hollywood make money - it seems to make better movies during recessions. I'm sure a lot of studio executives wish we could have one every year. — John Ridley

I was asked what I thought about the recession. I thought about it and decided not to take part. — Sam Walton

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

How good are markets in predicting real-world developments? Reading the record, it is striking how many calamities that I anticipated did not in fact materialise.
Financial markets constantly anticipate events, both on the positive and on the negative side, which fail to materialise exactly because they have been anticipated.
It is an old joke that the stock market has predicted seven of the last two recessions. Markets are often wrong. — George Soros

Boom and bust is a term that applied to the Conservative years and two of the worst recessions in history — Gordon Brown

A forecaster should almost never ignore data, especially when she is studying rare events like recessions or presidential elections, about which there isn't very much data to begin with. Ignoring data is often a tip-off that the forecaster is overconfident, or is overfitting her model - that she is interested in showing off rather than trying to be accurate. — Nate Silver

We haven't seen any African country talk about recession. — Oscar N. Onyema

In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided. — John Kenneth Galbraith

Recessions are great because they unlock the best people. — Aaron Patzer

A while ago I did a story comparing the change in employment rates in recessions in the U.S. and in Europe, and what I found was that America fired a lot of people and rehired a lot of people faster than Europe. That difference is disappearing, and that is a problem. — Amity Shlaes

The ludicrous fever of toys struggling skyward, the sky itself more and more remote, the wind tearing the awning of cloud to tatters, pale limitless blue and green recessions laced with strands of scud, the light failing - once she would have noticed these things. — Samuel Beckett

Since my trips to Earth, I've only managed to assemble a few basics facts about humans, condensing them in to four, overall points: kids got Reese's, teens got recess, adults got recessions, and seniors got receding. — Tai

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. — Peter Lynch

You've heard of mental depression; this is a mental recession. — Phil Gramm

How is it having more control if we have a recession as the Bank of England and IFS say? — Sadiq Khan

There's never a recession if you work for the government. — Ann Coulter

Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself. — Margaret Thatcher

I don't see any significant recession or depression in the offing. — George M. Humphrey

In this time of recession, it is the time for invention. Did you know both the telephone and the automobile were invented during recessions? So was 'talking dirty.' — Eugene Mirman

I sense very little appetite for green efforts to persuade people to accept a frozen or declining standard of living for the sake of the environment. Recessions remind us that economic retreat or stagnation is painful, whatever the goal. — Matt Ridley

Brexit is for the richest in our country: they can afford recessions. — George Osborne

You don't run a business hoping you don't have a recession. — Jamie Dimon

Never miss out on an opportunity like a good recession. — Jack Welch

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497. — Warren Buffett

To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties. — Paul Samuelson

Studying the martial Way is like climbing a cliff: keep going forward without rest. Resting is not permissible because it causes recessions to old adages of achievement. Persevering day in, day out improves techniques, but resting one day causes lapses. This must be prevented. — Mas Oyama

In the last recession, 99 percent of us have lost wealth, but did you know that the top 1 percent increased their wealth five times? It tells you they create recessions so they get wealthier. — Jesse Ventura

Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business. — Mark Cuban

I've been a radio and television news person since I was 19 years old. I'm 57 years old now. But the advantage is that I have studied, investigated, and reported over those years on nearly every major story from wars and recessions to grass roots local issues. — George Noory

What causes recessions? Many economists talk about the need for a consumer economy, but we can't have a consumer economy if people can't afford to consume, and the only way they can afford to consume over the long run is if they create new wealth to either consume at that time or to defer as investments for later consumption. Simply put, the best way to have a functioning economy is to focus on having a wealth-producing economy. But when wealth can't be created in spite of the need for such, the production of wealth has been artificially limited, and this artificial limitation is the root cause of business recessions. — Martin Adams

Small business people have gotten us out of nearly all modern recessions - not by waiting for others to fix things or turning to government, but rather by applying leadership, inventiveness, creativity and originality. — Oliver DeMille

There is only a recession of the things that people don't want. — Mark Victor Hansen

Hope sustains life, but misplaced hope prolongs recessions. — James Grant

In the 1990s, economists predicted only 2 of the 60 recessions around the world a year ahead of time. — Nate Silver

The received wisdom is that risk increases in the recession and falls in booms. In contrast, it may be more helpful to think of risk as increasing during upswings, as financial imbalances build up, and materializing in recessions. — Andrew Crockett

That was the thing about love, I'd discovered. It wasn't about having a blissfully wonderful relationship where everything was always sunshine and roses. No matter how pure and beautiful your love was, life could be cruel and ugly. It would throw things at your relationship when you were tired and broke. It would be strained and tested through the worst of storms. Real love, though, the kind that saw couples live through sixty years of World Wars and recessions and still let them stare at each other on their death bed with the same devotion that they felt on their wedding day, love like that, well, it lasted forever. — R.J. Prescott

There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. — Robert Reich

He had forgotten how convincing the world could look, how sure of itself: its outlines and edges; it's gradations, recessions, protrusions; it's startling and vulgar colors. — Gregory Maguire

History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust. — Rachel Nichols

One argument goes that recessions are good for female artists because when money flies out the window, women are allowed in the house. The other claims that when money ebbs, so do prospects for women. — Jerry Saltz

The Federal Reserve is not currently forecasting a recession. — Ben Bernanke

You can't wake up looking for the recession. — Jenifer Lewis

The fact is, there are Fortune 500 companies that have been founded during recessions. — Marianne Williamson