Noel Edmonds Quotes

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

New Labour has created a society increasingly oppressed by the worry of personal debt.

We have discharged one generation of debtors after another, but we do not find that their numbers lessen. We find only that we forget, when times are good, that times were ever bad.

I fear that the rising personal bankruptcies and repossessions are the first signs of bigger problems to come and personal debt - Gordon Brown's legacy to millions of Britain's families - will hang like a millstone around the neck of the British people for years to come.

The bastards broke the People's back with their usury.... Let them die; the People will survive.

The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop.

When I saw houses in Palmdale going for $500K, I knew something was wrong. If you got foreclosed, I don't feel sorry for you!

The middle and working classes are paying the debt that the financial markets created.

There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.

There is close to zero trust in institutions in Afghanistan. The mobile carriers have more trust than the banks.

The middle class is teetering on the brink of collapse just as surely as AIG was in the fall of 2009 - only this time, it's not just one giant insurance company (and its banking counterparties) facing disaster, it's tens of millions of hardworking Americans who played by the rules.

Usury once in control will wreck the nation.

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

The strongest bank in the United States will last only so long as the people will have sufficient confidence in it to keep their money there.

Bankruptcy exposes the economic vulnerability and insecurity of middle class women.

If you don't talk about families, then it's easy to disembody subprime mortgages and asset securitization and unemployment rates without remembering that every one of those numbers is a million families.

Unfair servicing practices can worsen a family's already difficult economic situation, and the injury echoes from the family to the community and ultimately throughout the economy.

We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it

Debt has become a part of who we are… Normal is broke in America.

Something is missing from Main Street: Trust in Wall Street

The current crisis is not simply a market failure in which prices are not functioning properly, but a profound loss of faith in money’s capacity to tell the truth.

Houses were sold with the idea that the people who bought them would not be able to pay for them..

The prestige of the international financial institutions rates less than zero.

This is the paradox of thrift: belt-tightening causes people to lose their jobs, because other people are not buying what they produce, so their debt burden rises rather than falls.

As American citizens, if you believe all banks were bailed out, you would hate banks. I would, too.