A recession is like a Black Friday Sale for investors. — Jaspreet Singh
It's a recession when your neighbor loses his job; it's a depression when you lose yours. — Harry S. Truman
It's a recession when your neighbor loses his job; it's a depression when you lose yours. — Harry S Truman
Longer and deeper recessions tend to leave behind damage to people’s careers. And that weighs on the economy going forward. — Jerome Powell
There may be a recession in stock prices, but not anything in the nature of a crash. — Irving Fisher
Retrenchment is good for singapore. If there is no retrenchments, then I worry. — Goh Chok Tong
Successful investors don't fear recessions. Successful investors LOVE recessions. It's a time to buy, buy, buy. — Jaspreet Singh
We described the coronavirus crisis as more of a shock to the system as opposed to a full-blown recession which would spiral into a depression as the economy shut down. — Cathie Wood
The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass
The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. — Jerome Powell
The boom, not the slump, is the right time for austerity at the Treasury. — John Maynard Keynes
This economy will recover. And that means people will go back to work. Unemployment will get back down. — Jerome Powell
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again. — Ben Bernanke
It's a tough marketplace right now... It is very compressed... A turnaround is likely to happen quicker than before. — Peter Chernin
Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times. — Kevin O'Leary
Short Recession Quotes
Forcing humans to sit still all day is foolish. Recess is sacred—for children and adults alike! — Sahil Bloom
In business, one should never take anything for granted. Your fortune can change in five minutes. — Koos Bekker
In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up. — Rakesh Jhunjhunwala
I’m not bullish on any one asset class, I’m bullish on the future. — Raoul Pal
Investing, like economics, is more art than science. And that means it can get a little messy. — Howard S. Marks
Market rewards you as per your perception. — Vijay Kedia
I will cut taxes to reward hard work and boost business-led growth and investment. — Liz Truss
Vast numbers of people are working longer, in jobs they rightly fear will soon be gone. — Jeff Booth
Don’t always trust what you see. In a bull market even a duck looks like a swan. — Vijay Kedia
You cannot spend your way out of recession or borrow your way out of debt. — Daniel Hannan
Recession Image Quotes
Global Recession Quotes
Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession. — Fareed Zakaria
I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income. — Andrea Jung
The least-bad scenario is a hard landing, global recession worse than the 1930s. The worst-case borrows from the Four Horsemen of the Apocalypse: war, famine, pestilence and death. — Kenneth S. Deffeyes
Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death. — Kenneth S. Deffeyes
We got into a recession because the global economy went into the recession and we're a big exporting nation. — Stephen Harper
In other words: we can fight pollution and poverty at the same time, with the same method. We can beat global warming and the global recession at the same time, with the same method. We can do this by putting people to work re-powering America with clean energy. — Van Jones
For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures. — Evan Davis
It's not all Obama's fault: His plans to rebuild America's energy infrastructure have been hampered by the recession, and his efforts on global warming have been stymied by Tea Party wackos and weak-kneed Democrats in Congress. — Jeff Goodell
Recess Quotes
Listen to your heart and not your ego. Your ego prompts you to boast of vain assertions to obtain the glory of this world. Turn away from vanity and seek Him in the recesses of your heart and soul — Abdul-Qadir Gilani
All men dream, but not equally. Those who dream by night in the dusty recesses of their minds, wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act on their dreams with open eyes, to make them possible. — Thomas Edward Lawrence (of Arabia)
Studying the martial Way is like climbing a cliff: keep going forward without rest. Resting is not permissible because it causes recessions to old adages of achievement. Persevering day in, day out improves techniques, but resting one day causes lapses. This must be prevented. — Mas Oyama
Market crashes and recessions create more millionaires than any other time. The catch: You have to be prepared AND financially educated. — Jaspreet Singh
Small to medium sized enterprises make up over 60% of employment in the UK. It wouldn’t be crazy to imagine half shutting down as they’re bankrupted by energy costs. People need to get serious of what a true economic collapse would look like. It ain’t like a simple recession. — Philip Pilkington
I basically got an education in software on DuPont's money because they were too stubborn to admit that a recession was coming. — Michael Saylor
Those traits that pass into hybrid association entirely or almost entirely unchanged, thus themselves representing the traits of the hybrid, are termed dominating and those that become latent in the association, recessive. — Gregor Mendel
The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. — Jerome Powell
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. — Friedrich August von Hayek
Technology is deflationary, we are entering into an age of deflation unlike any the world has ever seen. — Jeff Booth
Economic Recession Quotes
There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. — Robert Reich
Democracy thus becomes a mass delusion of people attempting to override the rules of economics by voting themselves a free lunch and being manipulated into violent tantrums against scapegoats whenever the bill for the free lunch arrives via inflation and economic recessions. — Saifedean Ammous
Credit is like a drug. Initially, it feels great as it stimulates economic activity, but eventually, you become addicted and require more and more to achieve the same effect. — Russell Napier
Maintaining confidence in international trade will be critical to the broader economic recovery in the post-Covid world. — Liz Truss
Credit is the oil in the engine of economic growth, but too much oil can cause the engine to seize. — Russell Napier
Handling covid, we made a lot of big mistakes, and it led to tens of trillions of dollars of economic damage and millions of lives lost. Much of that was preventable. — Sam Bankman-Fried
I believe that the economics which deal with forecasting business trends may be considered to be about as far along as was the science of chemistry during the days of alchemy in the Middle Ages. — Philip Arthur Fisher
As sure as the spring will follow the winter, prosperity and economic growth will follow recession. — Bo Bennett
As sure as the spring will follow the winter, prosperity and economic growth will follow recession. — Robert Foster Bennett
In economic terms, health care is a highly successful industry - profitable, growing, and virtually recession-proof - but it's a massive burden on the rest of the economy. — Marcia Angell
Great Recession Quotes
The exposure from 'Iron Chef' has been helpful, but at the end of the day your product and your service determine whether you get customers or not. If people decide to eat out less during a recession, the first restaurants that they will cut out are the ones that don't do a great job. — Michael Symon
Many of the great financial disasters we’ve seen have been failures to foresee and manage risk. — Howard S. Marks
Up to our own day American history has been in a large degree the history of the colonization of the Great West. The existence of an area of free land, its continuous recession, and the advance of American settlement westward, explain American development. — Frederick Jackson Turner
The biggest problem in correcting errors in the market is that stocks look best when they are at the peak and not so great when they are at the bottom. — Thomas Phelps
While some people might find it distasteful to pay taxes, I don't. I find it patriotic. — Mark Cuban
Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half. — Mark Zandi
Art is the effort of man to express the ideas which nature suggests to him of a power above nature, whether that power be within the recesses of his own being, or in the Great First Cause of which nature, like himself, is but the effect. — Edward Bulwer-Lytton, 1st Baron Lytton
The American people understand that it is grotesquely unfair - we are a society that prides itself on fairness, that prides itself on equal opportunity, and people are looking out and seeing, since the Great Recession of 2008, 99 percent of all new income going to the top 1 percent. — Bernie Sanders
Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do. — Robert Gibbs
So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt? — George W. Bush
Economic Downturn Quotes
High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. — Major Owens
Most analysts would agree that if all the undocumented immigrants in California were deported in one day, our state would experience a severe economic downturn. This does not even consider the many cultural and spiritual gifts these immigrants bring to our state and nation. — Roger Mahony
The economic downturn is our wake-up call to slow down, consume less, help each other, & live more! — Phil Harding
Unsolvable problems do not exist. Any crisis is a combination of specific tasks to be worked on. The government has the experience and reserves to overcome the economic downturn — Dmitry Medvedev
One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later. — Reid Hoffman
Curiosity has ... proven to be a great ingredient in resilience, a trait particularly valuable in an extended economic downturn. Resilient people aren't made of steel; they just provide themselves with more options, and those options come from a curious mind. — Chip Conley
You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed. — Ronald Reagan
Raising taxes in an economic downturn is not a good idea. — Martha McSally
High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. — Major R. Owens
Bad Economy Quotes
Not managing your time and making excuses are two bad habits. Don't put them both together by claiming you 'don't have the time'. — Robert Foster Bennett
Helsinki isn't all that bad. It's a very nice city, and it's cold really only in wintertime. — Linus Torvalds
Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion. — Amory Lovins
Middle class America is acutely aware of how bad this economy is, and it is going to demand changes. I don't think politicians can afford to be complacent. — Elizabeth Warren
Presidents don't have a whole lot to say about prosperity or the economy. Government cannot create prosperity. There are a lot of other factors that determine whether there are good times or bad times. — Phyllis Schlafly
This continuing spike in gas prices is bad for consumers, bad for our economy, and bad for all other businesses. It is hurting us and costing us jobs. — Jodi Rell
I thought not being part of the [Britain] union was a bad idea. We are better together.
It was dangerous for business as there were no [concrete] plans around the currency or the economy. — Michelle Mone
Everyone says Francois Mitterrand had huge charisma. But before he was president they used to call him badly dressed, old, archaic and say he knew nothing about the economy until the day he was elected. It's called universal suffrage. When you're elected, you become the person that embodies France. — Francois Hollande
The US economy today is in really bad shape. Our economic growth is minimal, our regulatory burden is horrific, taxes are high, businessmen are not investing in growth, and consumers and government are loaded up with debt. — Yaron Brook
In my judgment, we have to avoid, at all costs, tax increases. That would be the worst possible thing to do and will make a bad economy even worse. Beyond that, targeted tax relief should be expanded upon. — Meg Whitman
Economic Recovery Quotes
Every month that we do not have an economic recovery package 500 million Americans lose their jobs. — Nancy Pelosi
It's a different kind of economic recovery. The kind where bankers steal trillions and you don't have a job. — Alex Jones
We simply can no longer afford to deny the full potential of one half of the population. The world needs to tap into the talent and wisdom of women. Whether the issue is food security, economic recovery, health, or peace and security, the participation of women is needed now more than ever. — Michelle Bachelet
Additional fiscal support could be costly, but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery. — Jerome Powell
We were in a good place in February of 2020, and we think we can get back there, I would say, much sooner than we had feared. — Jerome Powell
But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses. — Jon Huntsman, Jr.
First, we need to make all-out efforts to fight COVID-19. To emerge from the shadow of the pandemic and achieve steady economic recovery at an early date is the most pressing task for us. — Xi Jinping
This economic boycott is our means of self-defense. President Roosevelt has advocated its use in the National Recovery Administration. — Samuel Untermyer
Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery. — Jeffrey Sachs
The road to energy independence, economic recovery, and greenhouse gas reductions runs through the building sector. — Edward Mazria
Economic Crisis Quotes
I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth. — Angela Merkel
The climate crisis is being used to create totalitarian controls on society by the World Economic Forum, Bill Gates, and all of these megabillionaires. — Robert F. Kennedy, Jr.
Now our Earth is swarmed with issues such as life, death, illness, wars, economic crises and many others. It is time that we sing out loud the message, 'Love forever.' — Yayoi Kusama
The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength. — George W. Bush
If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom. — Marc Faber
The exchange-rate trap, another legacy of this former president Alberto Fernández’s government, not only constitutes a social and productive nightmare, but also the surplus of money today is double what it was before the Rodrigazo economic crisis of 1975. — Javier Milei
What the people here have said is that given the enormous crises facing our country, it is just too late for the same old, same old establishment politics and establishment economics. — Bernie Sanders
Women's struggle for equality worldwide is about more than equality between men and women. Our struggle is about reversing the trends of social, economic, political, and ecological crisis - a global nervous breakdown! Our struggle is about creating sustainable lives and attainable dreams. — Bella Abzug
Marxists have more than once pointed out that the capitalist world economic system contains in itself the seeds of a general crisis and of warlike clashes. — Joseph Stalin
Ebola is not just a health crisis. Across West Africa, a generation of young people risks being lost to an economic catastrophe. — Ellen Johnson Sirleaf
Economic Depression Quotes
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. — Herbert Hoover
There is a difference between broke and being poor. Being broke is a temporary economic condition, but being poor is a disabling frame of mind and a depressed condition of your spirit, and you must vow to never, ever be poor again. — John Hope Bryant
Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months. — Irving Fisher
Depressions and mass unemployment are not caused by the free market but by government interference in the economy. — Ludwig von Mises
The end of the decline of the Stock Market will probably not be long, only a few more days at most. — Irving Fisher
The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it. — Peter Schiff
I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress. — Andrew Mellon
No one can possibly have lived through the Great Depression without being scarred by it. No amount of experience since the depression can convince someone who has lived through it that the world is safe economically. — Isaac Asimov
For the immediate future, at least, the outlook (stocks) is bright. — Irving Fisher
Economic depression can not be cured by legislative action or executive pronouncement. — Herbert Hoover
In this generation, along with the dominating traits, the recessive ones also reappear, their individuality fully revealed, and they do so in the decisively expressed average proportion of 3:1, so that among each four plants of this generation three receive the dominating and one the recessive characteristic. — Gregor Mendel
More money has probably been lost by investors holding a stock they really did not want until they could ‘at least come out even’ than from any other single reason. — Philip Arthur Fisher
As prime minister, I will pursue three early priorities. Firstly, I will get Britain working again. I have a bold plan to grow the economy through tax cuts and reform. — Liz Truss
Financial history is the most important thing to study for anyone seeking to avoid the mistakes of the past. — Russell Napier
Your portfolio, leveraged or not, must be constructed in such a way that not only will it survive the bad days but thrive in a market meltdown. — Naved Abdali
A large company’s need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management. — Philip Arthur Fisher
In a world of quantitative easing, the old adage of ‘Don’t fight the Fed’ needs to be rewritten as ‘Don’t trust the Fed.’ — Russell Napier
It took $185 trillion of debt to produce about $46 trillion of GDP growth over the last twenty years. — Jeff Booth
I am confident that together we can ride out the storm. We can rebuild our economy, and we can become the modern brilliant Britain that I know we can be. — Liz Truss
Don’t buy a stock just because it has had a big decline from its high and is therefore ‘cheap’. A stock can be cheap and yet not be attractive. — Thomas Phelps
If I think there is something interesting or useful to say about the market that others are not saying, I will sit down at the keyboard again. — Bill Miller
The only fountain in the wilderness of life, where man drinks of water totally unmixed with bitterness, is that which gushes for him in the calm and shady recess of domestic life. — William Penn
Its completely possible that the present inflation is largely stuck now because of wage-price dynamics, especially in services, and will only come down in a recession. — Philip Pilkington
Most investors are too eager to sell a good position with a small profit rather than hold on for a larger gain. — Thomas Phelps
Bitcoin is insurance against financial catastrophe, as we see in Lebanon or in Afghanistan and many of these other countries. — Bill Miller
So, what’s happening with volatility is you’re getting some probability of a mistake, of recession, priced in, and that’s something that you’re gonna have to live with for a while. — Bill Miller
In markets, stupid action does not have equal but severe opposite reaction. — Vijay Kedia
Do not assume that what investors call momentum… will continue unless you can make a sound case that it will. — Edward O. Thorp
Reading good literature is an experience of pleasure...but it is also an experience of learning what and how we are, in our human integrity and our human imperfection, with our actions, our dreams, and our ghosts, alone and in relationships that link us to others, in our public image and in the secret recesses of our consciousness. — Mario Vargas Llosa
To bad times, a good face. — Mexican Proverbs
In Conclusion
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