Elizabeth Warren Quotes

Uncertainty is killing this economy.

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

The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information.

As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.

It was always tough, but today we are in the throes of something we have never seen in our history. It's clear in recent times the market is looking for a bottom.

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

Wall Street is in trouble because Main Street is broke.

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included.

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.

We have some worse scenarios for which we need to prepare as companies. For the moment, we're planning for the worst, and the worst is now, and the car market is down more than 15 percent in France. There is so much uncertainty.

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

Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst - and that brings the whole country down.

What we know about the global financial crisis is that we don't know very much.

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.

Europe is on an economic collision course with reality.

I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future

Last year, in the year 2008, it just became normal to watch great American institutions crumble, almost dissolve like sand.

Some things never change - there will be another crisis, and its impact will be felt by the financial markets.

Well, 2009 was a tough year.

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

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

No I don't think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it's going to get worse and worse.

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.