Gordon Brown Quotes

New York never felt the recession. New York never felt a depression.

The experience of the '90s, whether it's the '94 peso crisis or the '97 crisis in Asia, the '98 crisis, even the 2001 crisis, is that we recovered pretty readily. There wasn't great consequence.

You cannot fuel demand, or consumption-led demand, on credit forever.

Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability

Under this Government, Britain will not return to the boom and bust of the past.

No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.

The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.

The job of the Central Bank is to worry.

If we don't get a grip on government spending, there will be no growth.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

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.

I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.

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

But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.

We believe that it is very important that we have hopefully averted what would have been the most substantial headwind of all, which is a default for the first time in our history, and that that will contribute to a more positive environment that we hope will allow for greater growth and job creation.

In my view, Asian countries have learnt the lessons from the past and significantly enhanced their capabilities to fend off risks.

We don't tell New Zealanders we can stop the global recession, because we can't. What we do tell them is we can use this time to transform the economy to make us stronger so that when the world starts growing again we can be running faster than other countries we compete with.

Historians will likely give Obama credit for steering the country away from the brink of economic collapse in 2009.

I think you can look at the British economy with confidence.

Not every business cycle has a financial crisis. Frequently they do.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

Even if consumer confidence hit rock bottom, that most likely would not be enough, by itself, to cause a depression.

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying fundamentals.

The role of G-20 is to support the global economy to achieve strong, sustainable and balanced growth.