Patrick Mouratoglou Quotes

This crash is not going to have much effect on business.

I think it is true that, post the global financial crisis initially - and for some period after that and particularly with how the mining investment boom and commodity prices played out - there was a dislocation that occurred in some of the more traditional mechanisms.

The financial implode is bound to be reflected in the movies that are being made, there's no question.

In 2009, at the height of the global economic crisis, it was clear that we were seeing something new: the impacts of the crisis were flowing across borders at unprecedented velocity.

How much would you pay to avoid a second Depression?

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.

Money talks, and when it starts to say goodbye, humans listen and act accordingly.

I have met so many people who had their life savings wiped out, who lost their homes, who are barely back with their heads above water.This was a disaster for our country, and we can never let that happen again.

I've never seen people as physically distraught as the Bush administration team was because of what was happening to the economy. I personally believe that the steps that President Obama took saved the economy. He doesn't get the credit he deserves for taking some very hard positions. But it was a terrible recession. So now we've dug ourselves out of it, we're standing, but we're not yet running.

We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.

It's not a small thing, it's a pandemic, but economically we should not be in this position that we are this fragile as an industry. We don't go racing for three months and we are on the verge of collapsing, which is amazing.

The coronavirus is having a devastating economic impact on states.

If 'Brexit' really is a political crisis, it should be treated as a political crisis - and not, despite all the market upheaval, a financial or economic one.

The best way to hit a man is in his pocket.

I'm astonished at how quickly the Great Recession came and went.

If this depression stays with us, the loser Tuesday is going to be the winner.

The fear among economists across the political spectrum that was - was that we were rapidly plummeting towards a second Great Depression. So, in the weeks and months that followed, we undertook a series of difficult steps to prevent that outcome. And we were forced to take those steps largely without the help of an opposition party, which, unfortunately, after having presided over the decision-making that had led to the crisis, decided to hand it over to others to solve.

Italy is one of the eight major industrial nations. What will happen if a G-8 country within the European Union goes bankrupt? Does anyone think Germany wouldn't be affected? Italy is one of our key markets.

America cannot afford a rally to restore sanity in the middle of a recession. Did you even consider how many panic-related jobs that might cost us in the fear-industrial complex?

[Obama White House] rescued the economy from the worst recession.

It pains me to see my old company, which has meant so much to America, on the ropes. But Chrysler has been in trouble before, and we got through it, and I believe they can do it again... Let's face it, if your car breaks down, you're not going to take it to the White House to get fixed. But, if your company breaks down, you've got to go to the experts on the ground, not the bureaucrats.

When you inherit the level of economic catastrophe that President Obama inherited, it was a real touch-and-go situation.

I admire President Obama. He inherited the worst financial crisis since the Great Depression. That was a terrible time for America.

will stifle economic growth, destroy jobs, reduce revenues, and increase the deficit.

When there is more money at stake it affects the atmosphere and things become more businesslike.