quote by Paul Krugman

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

— Paul Krugman

Colorful Housing Bubble quotations

Housing bubble quote The words you speak become the house you live in.

The words you speak become the house you live in.

I'm not sure most of the people that get caught up in the middle of a bubble can be described as irrational. It seems pretty rational to buy a house and flip it in the next few weeks at a profit when that's been happening for along time.

Too-easy credit and millions of bad loans made during the U.

S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

Housing bubble quote The words you speak become the house you live in.

The words you speak become the house you live in.

In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.

I was a weird little kid. I was very irritable, bored, frustrated. I felt my imagination bubbling inside my head without having any way to express itself. Given a crayon and paper, I would not draw a train or a house. I would draw these monsters, beasts and demons.

Presidential money is almost like the housing bubble.

It's growing at such an astronomical rate, you think it can't get any bigger.

Housing bubble quote The ornament of a house is the friend who frequent it.

The ornament of a house is the friend who frequent it.

I can't wait to go back home and disappear into relative obscurity for a bit.

I just want to go back to my house and just get away from it all for a bit. It's so flattering to hear people say nice things about the performance, about the Harry Potter film. It's great. Don't get me wrong. I'm not ashamed of it. I'm not shunning it. It's just been such a bubble I've been in, with these promotions.

Negative effects on the economy were covered up with a flood of liquidity from the Fed. That,plus lax regulation, led to a housing bubble, a consumption boom - but we were living on borrowed money. It was inevitable that there would be a day of reckoning, and it has now come. We will be paying the costs "with interest".

If you want to get an advance machine tool job today, you need to know calculus.

We know a lot of people don't, we can't expect everyone to know calculus, what do we do? We created a huge bubble that created a huge number of jobs to build houses and to be in retail. You don't have to have a lot of skills to work in the new Gap store that opened, at the latest Starbucks branch, or to hammer a nail for a new house.

Housing bubble quote A house where a woman is unsafe is not a home.

A house where a woman is unsafe is not a home.

12

You never have a normal family relationship in the White House;

it's an impossible thing to have. You live in a goldfish bubble, and you snatch what you can for a personal life, but you never have a normal, natural existence.

Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals.

I knew a guy who had $5 million and owned his house free and clear.

But he wanted to make a bit more money to support his spending, so at the peak of the internet bubble he was selling puts on internet stocks. He lost all of his money and his house and now works in a restaurant. It's not a smart thing for the country to legalize gambling [in the stock market] and make it very accessible.

Housing bubble quote A home without a dog is just a house.

A home without a dog is just a house.

8

A global financial cabal engineered a fraudulent housing and debt bubble [2008], illegally shifted vast amounts of capital out of the US; and used 'privatization' as a form of piracy - a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder Clearly, there was a global financial coup d'etat underway.

Some societies are also more optimistic than others: the U.

S. and Australia are my two picks Tell a European you think there’s a housing bubble and you’ll have a reasonable discussion. Tell an Australian and you’ll have World War III. Been there, done that!

There is plenty of blame to go around for the U.

S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.

Housing bubble quote The earth is our house too.

The earth is our house too.

6

The continuing shortages of housing inventory are driving the price gains.

There is no evidence of bubbles popping.

When I hear [about a housing bubble] I get the sense that people aren't connecting the dots.

I live in a kind of gay bubble. I live in a gay house, I drive a gay car. I eat gay food

Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis.

We went into a recession in 2008 because of gasoline prices.

The bubble burst in housing because people couldn’t pay their mortgages because of $4 a gallon gasoline.

In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.

Don't you know that there's another bubble as well An expectations bubble.

Bigger houses private planes yachts ...... stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well as all bubbles do. Come to my gallery and I will sell you beautiful things at a more reasonable price. But the point is that they will have value. Things of real beauty things of the spirit.

You ever think about having kids?” “All the time.

I´d love to have a houseful. Then one of my nieces or nephews turns Exorsist on me and spews the most discusting things imaginable out both ends — things that make the demon snot feel like a bubble bath. That usually cures me of that stupidity for at least a day or two.” (Sam & Dev)

famous quotes