Virginia Postrel Quotes

Markets don't like instability, investors shy away from uncertainty, and consumer confidence goes down in difficult times.

The markets don't like instability and they don't like uncertainty.

Uncertainty is killing this economy.

Everyone would like the world always to be in bubble times. But that doesn't happen.

The outlook for the economy, as always, is highly uncertain.

The rich man's sons inherits cares; The bank may break, the factory burn, A breath may burst his bubble shares, And soft, white hands could hardly earn A living that would serve his turn.

No one can forecast the economy with certainty.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

No one has any idea what's next... the uncertainty of the business climate in America is frightening, frightening to everybody, and it's delaying the recovery.

There isn't a single business where anybody feels secure.

There is no safe haven in today's markets.

People clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.

I don't know if we're on the edge of the precipice, but we're in a very, very, very difficult situation.

Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.

Every economy is uncertain. Referring to this or any economy as 'uncertain' is an unnecessary and pessimistic redundancy.

There's a loss of faith in the banking system that for so long has been the backbone of prosperity and growth.

There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now.

A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.

Around the district, I've talked to more local bankers who are scared to death.

Going to college and finding a good job no longer guarantee economic safety.

For most of history, the prime source of human insecurity was nature. Capitalist societies have been oriented toward innovation and dynamism, to the creation of new knowledge, new products, and new modes of production and distribution. All this has shifted the locus of insecurity from nature to the economy.

There are economic risks if we leave, economic risks if we remain.

Our global economy is much more fragile than many of us realize.

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

For people worried about the Great Recession and the uncertainty of what is coming next, the characters of 'Mad Men' are good company.