Norman O. Brown Quotes

As blue chips turn into penny stocks, Wall Street seems less like a symbol of America's macho capitalism and more like that famous Jane Austen character Mrs. Bennet, a flibbertigibbet always anxious about getting richer and her 'poor nerves.'

I said we are in a mental recession. We keep getting the steady drumbeat of bad news... it's become a mental recession. We don't have measured negative growth. That's a fact, that's not a commentary.

I have had many anxieties for our commonwealth, principally occasioned by the depreciation of our money.

Americans reading the paper, listening to the news every single day, and all you hear is things are getting worse and worse. And that has a psychological effect on consumer confidence. That's what consumer confidence is.

The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.

When people have lost their jobs or are afraid of losing their jobs in the future, they lash out. They want others to know about their fears, their pain.

I'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis.

Financial crisis is the moment of truth for real collectors and true artists.

Uncertainty is killing this economy.

The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.

We don't sit down and go, 'People are uneasy about the economy. Let's write about that.'

My parents, products of the Great Depression, were successful people, but lived in a state of constant fear that my sister and I, and they, would sink into the kind of economic insecurity that their generation knew so well.

... a baseless currency varying every fifty miles and fluctuating everywhere.

Everyone knows it's dangerous to ingest gasoline or to inhale its fumes. But I am starting to believe that merely thinking about the price of gasoline can damage cognitive processing.

For every criticism of the U.S. economy, whenever people go into a panic, they look around and say, 'That's the cleanest shirt I have. So I'm putting it on.'

The lack of a consistent policy from major economies is the main source of volatility.

Unfortunately, I think we could see that fairly early in 2015: The cloud of economic weakness in Russia is spreading over Europe. It has the potential of spreading into contagion into other emerging markets, particularly those with large energy companies, such as Petrobras in Brazil.

The financial instability and sometimes insecurity that families feel, deeply motivates how they respond politically.

It's the deleveraging that's going on right now that has caused the credit crisis.

My parents were constantly afraid they would lose their jobs. The idea that we were always a paycheck away from disaster was drilled into me.

If I was born into a household with anxiety about money, I wouldn't have had as much freedom to be in my own world. So it's impossible for me to divorce the privilege of my childhood from the other things.

I would say 70 percent of people who are in therapy are in therapy not because of their upbringing, not because of their mean sister or obsessions, but because of anxiety brought about by lack of financial security.

It is unlikely that others would even demand their money back overnight, for doing so would lead to the value of the dollar plummeting; what they would get back with be worth little. But what we are already seeing is an erosion of confidence of the dollar, which is seeing the dollar fall in value.

Economic markets are collapsing. People all over the world are suffering and people afraid. What happens when peep are afraid? They become intolerant.

The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period.