Top 10 Most Popular Quotes on Recession and Crisis
6 Inspirational Quotes About Recession and Crisis (OPPORTUNITY)
“A recession is very bad for publicly traded companies, but it’s the best time for startups. When you have massive layoffs, there’s more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.”
Tim Ferriss
7 Quotes About Having Success During a Recession
“There will be bear markets about twice every 10 years and recessions about twice every 10 or 12 years but nobody has been able to predict them reliably. So the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling.”
John Templeton
13 Wise Quotes on Recession that Will Make You Think
“The most fortunate of us all in our journey through life frequently meet with calamities and misfortunes which greatly afflict us. To fortify our minds against the attacks of these calamities and misfortunes should be one of the principal studies and endeavors of our lives.”
Thomas Jefferson
“It would be silly to expect every bear market to turn into the Great Depression. It would be equally wrong to expect that a fall from overvalued, to more fairly valued, couldn’t badly overshoot on the downside.”
Seth Klarman
“You must always be prepared for the unexpected, including sudden, sharp downward swings in markets and the economy. Whatever adverse scenario you can contemplate, reality can be far worse.”
Seth Klarman
6 Quotes About Taxation During a Recession
“The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.”
Barack Obama
“At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don’t want to raise taxes on people who are having a tough time paying their bills.”
James Douglas
“Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are — a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.”
Ha-Joon Chang
“Let’s stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.”
Hillary Clinton
11 Thought-provoking Quotes About Recession
“Many Americans are feeling, you know, shut out, shut down, the great recession hasn’t ended for too many Americans, wages are flat, families are struggling, not enough new jobs, or new businesses are being created, and it’s important that we all try to figure out what we’re going to do, and that’s what I’ve done my entire life, fighting for a higher minimum wage, or family leave, now paid family leave, which I believe in, equal pay for equal work, I have a very long record.”
Hillary Clinton
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending.”
Nassim Nicholas Taleb
“There are 249 millionaires in Congress. Remember a couple of years ago when this new Congress told us they had the solution to the recession? Apparently, they didn’t share it with the rest of us.”
Jay Leno
(MUST READ) Rock the Recession: How Successful Leaders Prepare for, Thrive During, and Create Wealth After Downturns
Also read:
- 65 Inspirational Study Quotes for Students (MOTIVATE)
- Top 53 Bengali Proverbs & Idioms (WISDOM)
- Top 70 Quotes About Disappointment in Life (LOVE)
- 75 Inspirational Quotes on Being Humble (HUMILITY)
- Top 27 Quotes About Return on Investment (ROI)
- 70 Meaningful English Proverbs and Sayings (WISDOM)
- 78 Inspirational Quotes on Taking Risks (CHANCES)
- 80 Inspirational Quotes on Tolerance (PATIENCE)