Alan Mulally Quotes

In the '90s, everyone thought we'd solved everything and liberal capitalism was the agreed way to live. That got blown up in 9/11, and capitalism proved completely flawed in 2008.

The bull market, rising prices, earning lots of money, make it seem as if the good days will never end. When prices are falling and there is a recession, that also feels as though it will last for ever. Politics is the same. People simply can't imagine changing circumstances.

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

Since 2001, people have been scared. There's been some really scary stuff that's been happening - 9/11, Iraq, Afghanistan, Katrina, anthrax letters, D.C. sniper, global warming, global financial meltdown, bird flu, swine flu, SARS. I think people really feel like the system's breaking down.

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.

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

The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.

The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning signs.

Stocks in the United States plunged in 2002 amid fears of war and terrorism, a weak economy, rising oil prices and dozens of corporate scandals. It was the third consecutive annual decline, the first time that has happened in 60 years.

Uncertainty is killing this economy.

Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness.

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

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.

There may be a recession in stock prices, but not anything in the nature of a crash..

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

The world around us is constantly changing, and so do the threats that we face.

I don't think there will be a recession as a result of a vote to leave.

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

We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.

When the market turns down, a lot of people lose jobs... and that's the time people become entrepreneurs. Downturns end up being the best times to start companies.

For some in my generation, Sept. 11th was a moment of political awakening. For others, the Iraq War or the financial crisis or the rise of Obama were the major events of their teenage years that began to lay the foundation for their views.

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

Events keep happening that seem inexplicable and out of control. Donald Trump, Brexit, the War in Syria, the endless migrant crisis, random bomb attacks.

You have to take it seriously that the economy is in crisis.

The consumer is going through a period around the world of uncertainty - whether geopolitical uncertainty, economic uncertainty - and that makes them a little nervous as well.