Global Economic Impact Quotes

Donald Trump is a threat economically to America.

But when 9/11 struck, I had a change of heart. I knew the story had to be told because what happened at 9/11 is a direct result of what the economic hit men are doing.

China hasn't only existed for one day. Now, the whole nation has become richer and it's become a problem. The problem is universal. The factor is big. Everybody has to rethink the balance of the world and the whole landscape.

Corporations can't have it both ways. They can't tell Americans how much they want us to buy their products, but then run abroad to avoid taxes or hire cheap labor. American corporations should pay their fair share of taxes and create decent-paying jobs here - not in China.

My efforts to prevent closing of the gold window-working through Connally, Volcker, and Shultz-do not seem to have succeeded. The gold window may have to be closed tomorrow because we now have a government that is incapable, not only of constructive leadership, but of any action at all. What a tragedy for mankind!

The crisis was 2008, in 2015 - almost eight years later and the gap between where we would have been and where we are is huge and not closing. The implied unemployment rate is very high, labour force participation is very low, and the increase in wages in the second quarter was the lowest in 25 years. Before this turmoil, the U.S. economy was in better shape than Europe or Canada, but not strong.

I think that when we talk about the regulators and the politicians, the economic consequences of bad decisions back in '08, you know, were devastating, and they had repercussions throughout the world.

Today we have the economic collapse that the whole planet is suffering, but there is hope, and that's what's going to keep us moving ahead.

Every year the international finance system kills more people than the Second World War. But at least Hitler was mad, you know.

The monetary policies of the US will destroy the world.

The Soviet Union was a partial check on capitalist looting in the 1950s, 1960s, 1970s, and 1980s. However, with the Soviet collapse, capitalist looting intensified during the Clinton, Bush, and Obama regimes.

If we just stop producing stuff, if we stop being so capitalist, we stop taking resources from other third world countries, we'll be happy.

We live in a world community, and economic contact has partly contributed to that. It’s also the case that economic opportunity opened up by economic contact has helped to a great extent to reduce poverty in many parts of the world.

Our research is so complex that the resources of a single region of the world are no longer enough - both intellectually and economically, it must be a global effort.

When in one area of the world the standard of living and the size of the middle class increases, it is going to have an effect elsewhere in the world as well.

As long as we are on firm moral ground, as long as we're caring about other people, these are legitimate worries. The minute that we start protecting our own interests in the name of these worries and saying, "Oh, we have to make sure that only Ford Motor Company manufactures cars, because we can't be sure that the cars in other countries are being made quite up to our point of view," we're economically off base, and, of course, we're moral hypocrites, too.

The upshot of Mr. Trump's economic policy positions under almost any scenario is that the U.S. economy will be more isolated and diminished.

I think that the feel that maybe China is slowing down means it will be buying less from Africa and Latin America. That means Procter & Gamble and Coca-Cola will sell less in Latin America and Africa. And so it is definitely related.

I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the government is having a hard time stimulating it again.

There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their economy so it wouldn't have ripple effects around the world. I think that confidence is being shaken by how difficult it is for them to manage their stock market and their currency.

I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.

No one saw the recession coming. The UK businesses were solid as a rock, but the issues we had were in Paris, New York and LA. For every pound we were making here we were losing two pounds abroad.

Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.

I think that capitalism has just gone too far. And it is actually not limited to the United States. The excesses of capitalism is making us suffer all over the world right now.

That's not our problem, that's America's problem. If the average American knew the trouble that Uncle Sam is in all over this earth, they could see that it - we are closer toward getting a separate territory in this country than the integrationists are toward getting integration.