Crisis

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The wise man does not expose himself needlessly to danger, since there are few things for which he cares sufficiently; but he is willing, in great crises, to give even his life - knowing that under certain conditions it is not worthwhile to live.

» Aristotle (384-322) Greek philosopher and scientist [Tutor of Alexander the Great]

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

» Ben Bernanke (1953-?) American Economist

At a time when we're having to take such difficult decisions about how to cut back without damaging the things that matter the most, we should strain every sinew to cut error, waste and fraud.

» David Cameron (1966-?) British Politician

In crises the most daring course is often safest.

» Henry A. Kissinger (1923-?) German Politician

When written in Chinese, the word ''crisis'' is composed of two characters - one represents danger, and the other represents opportunity.

» John F. Kennedy (1917-1963) 35th President of the USA [ Assassinated in Dallas]

There is no better protection against the euro crisis than successful structural reforms in southern Europe.

» Mario Draghi (1947-?) Italian Economist

These are the times that try men's souls.

» Thomas Mann (1875-1955) German author[Nobel Prize in literature in 1919]

The time is out of joint. O cursed spite that ever I was born to set it right!

» William Penn (1644-1718) British religious leader

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 (1954-?) German Politician

At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.

» Angela Merkel (1954-?) German Politician

The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.

» Ben Bernanke (1953-?) American Economist

I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had

» Ben Bernanke (1953-?) American Economist

I understand that it's hard for everyone, but one cannot give in to emotions... we'll have to draw lessons from the current crisis and now we'll have to work on overcoming it.

» Boris Yeltsin (1931-2007) Russian Politician

There cannot be a crisis next week. My schedule is already full.

» Henry A. Kissinger (1923-?) German Politician

We all live in a house on fire, no fire department to call; no way out, just the upstairs window to look out of while the fire burns the house down with us trapped, locked in it.

» T. S. Eliot (1888-1965) American-English poet and playwright

It is very difficult to predict when a bond crisis could happen.

» Alan Greenspan (1926-?) American Economist

We all knew this. We all knew that it would take more time than any of us want to dig ourselves out of this hole created by this economic crisis.

» Barack Obama (1961-?) American Politician

How much would you pay to avoid a second Depression?

» Ben Bernanke (1953-?) American Economist

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