Economic Turbulence Quotes

One cannot see any world leader who has got a grip on the financial markets these days. They're too big, too fast. I think that's quite scary.

Economic storm is coming and the stress levels are going to increase because of financial worries.

The year 2013 has been very difficult, with a lot of headwinds in almost every region and every business.

… a depression is for capitalism like a good, cold douche.

If prices go down, we will have problems - problems in the sense of spillover to other areas.

From my point of view, the American financial system - including banks and investment banks - is far safer because of capital and liquidity requirements. Despite all the turbulence so far this year, I don't think anyone's questioning our system. And that, obviously, is a good thing.

The outlook for the economy, as always, is highly uncertain.

What we have been living for three decades is frontier capitalism, with the frontier constantly shifting location from crisis to crisis, moving on as soon as the law catches up.

Everyone would like the world always to be in bubble times. But that doesn't happen.

People clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.

In the history of modern capitalism, crises are the norm, not the exception.

The Fed cannot levitate markets forever. And when they finally do move, I think we have to be prepared for a considerable amount of turbulence.

No one has any idea what's next... the uncertainty of the business climate in America is frightening, frightening to everybody, and it's delaying the recovery.

Government should create the environment and incentives to stimulate investment in sustainable innovation, take away barriers, and accelerate adoption, even in turbulent economic times.

My sense is that economic anxiety means electoral volatility.

We should remember it wasn't so long ago that confidence in New York was in short supply.

Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.

As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.

Those revolutions are not strictly incessant; they occur in discrete rushes which are separated from each other by spans of comparative quiet. The process as a whole works incessantly however, in the sense that there always is either revolution or absorption of the results of revolution, both together forming what are known as business cycles.

New Zealand's economy may be more immune... from the waves of disruption elsewhere, but I guarantee you, it's not that immune.

Last year, in the year 2008, it just became normal to watch great American institutions crumble, almost dissolve like sand.

Progress" unstabilizes the economic world, or that it is by virtue of its mechanism a cyclical process.

Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own creation.