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Read through the most famous quotes by topic #financial system
The welfare state is collapsing all around us. There are people that realize that we can't go on this way, but I'm not sure how many people realize how close we are to the collapse of the U.S. financial system. ↗
We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises. ↗
#back #banking #century #crises #depression
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. ↗
#economic #economic recovery #financial #financial system #get
That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems. ↗
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. ↗
Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. ↗
#back #bad #because #bonds #cataclysmic
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar. ↗
It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system. ↗