#recess

So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt? ↗

— George W. Bush

#any #attacks #bust #country #course

In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem. ↗

— Ray Dalio

#anything #causes #china #disruptive #financial

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything. ↗

— Gavyn Davies

#apparently #being #between #broad #changed

It's a recession when your neighbor loses his job; it's a depression when you lose yours. ↗

— Harry S. Truman

#his #job #lose #loses #neighbor

In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step. ↗

— Giovanni Agnelli

#certain #economy #europe #first #first of all

We're still in a recession. We're not gonna be out of it for a while, but we will get out. ↗

— Warren Buffett

#gonna #out #recession #still #while

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

#get #going #happen #market #markets

The intelligence of few perceives what has been carefully hidden in the recesses of the mind. ↗

— Phaedrus

#carefully #few #hidden #intelligence #mind

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer. ↗

— Lucy Powell

#could #deal #doing #great #great deal

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me. ↗

— Lucy Powell

#brown #economy #effective #fiscal #get