Tariq Ali Quotes

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time.

The vast majority of Greeks accept the need for reform and want to keep our country inside the euro zone.

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

I hope Greece is going to remain in the Euro zone.

I'd be kidding if I said that I predicted the financial collapse.

If the financial system collapses, it's really, really hard to put it back together again.

The Euro was a terrible mistake, one that is very difficult to unmake.

Europe has, to put it mildly, been in a poor state since the transition to the 21st century. This is down to national issues, European missteps, and an economic and financial crisis that crashed down on us with enough force to dislodge the essential European idea.

I think if we give Glenn Beck the numbers, he can solve this [the national debt].

I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.

The world is still in deleveraging.

Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles.

Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that.

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.

In this age, if the currency of a major nation collapses, or its access to borrowing ends, it just can't function.

The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.

If Spain goes under, Italy will come under even more scrutiny.

The world has conducted a massive macro-economic experiment since the cataclysm of 2008. In Europe, the fans of austerity have had their chance, and the results have been a disaster.

Once upon a time my political opponents honored me as possessing the fabulous intellectual and economic power by which I created a world-wide depression all by myself.

The Depression has caused an emergency more serious than war.

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

Like Samson in the temple of the Philistines, a collapsing U.S. economy would inflict enormous, unacceptable damage on the rest of the world.

I have 13 bankers in my office, and they say that if you go forward with this you will cause the worst financial crisis since World War II.

Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression.

I believe Europe is burning financially. Europe's problems are not going to go away. They are so structural. Yet, our problems are right behind them. We cannot just look at Europe.