Economic slump Quotes

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

A recession is a period in which you tighten your belt. In a depression, you have no belt to tighten. In a panic you have no pants left to hold up.

If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.

Japan's beautiful seas and its territory are under threat, and young people are having trouble finding hope in the future amid economic slump. I promise to protect Japan's land and sea, and the lives of the Japanese people no matter what.

Many in Germany are saying that Macron should be helped. That's also how I see it. But Germany cannot solve France's problems. The French president and his government will have to seriously knuckle down in order to pull France out of its slump.

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime.

The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.

America is dying at 1 percent GDP.

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.

You've heard of mental depression; this is a mental recession.

I'm going to create a - the kind of a country that we were from the standpoint of industry. We used to be there. We've given it up. We've become very, very sloppy.