#financial crisis

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality. ↗

— Andrew Lo

#conceit #crisis #economics #events #financial

I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity. ↗

— Rob Portman

#american #create #crisis #economy #entrepreneurial

I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy. ↗

— Zhu Rongji

#about #asian #available #been #bring

2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation. ↗

— Kevin Rudd

#australia #businesses #challenge #communities #crisis

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

#been #being #considerable #country #crisis

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

#crisis #economic #economic growth #excuse #financial

So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business? ↗

— Ray Dalio

#community #crisis #does #financial #financial crisis

If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted. ↗

— Elizabeth Warren

#averted #been #commission #crisis #current

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis. ↗

— Peter Welch

#bank #carefully #crisis #department #financial