“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and… — Nassim Nicholas Taleb Copy Share Image
It was a recession when I graduated, but I was so unequipped to have a job anyway, I don't think it would… — Jeffrey Eugenides Copy Share Image
A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other… — Matthew Yglesias Copy Share Image
“By early 2005 all the big Wall Street investment banks were deep into the subprime game. Bear Stearns, Merrill Lynch, Goldman Sachs,… — Michael Lewis Copy Share Image
In a recession, you must be able to call into question everything you've done before. — Francois-Henri Pinault Copy Share Image
“Long Beach Savings was the first existing bank to adopt what was called the “originate and sell” model. This proved such a… — Michael Lewis Copy Share Image
“Financial crashes happen precisely because the people who remember the last one have either died or retired and thus are no longer… — N.T. Wright Copy Share Image
“It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.” — Harry S. Truman Copy Share Image
In the wake of the 2008 recession, Congress and the Obama Administration rightly focused financial regulation on protecting the nation's financial system… — Seth Moulton Copy Share Image
I have seen American determination in people like Debbi Sommers. She runs a furniture rental business for conventions in Las Vegas. When… — Mitt Romney Copy Share Image
Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor. — Robert Kiyosaki Copy Share Image
“What are the odds that people will make smart decisions about money if they don’t need to make smart decisions—if they can… — Michael Lewis Copy Share Image
New York never felt the recession. New York never felt a depression. — John Catsimatidis Copy Share Image
“They had stumbled either upon a serious flaw in modern financial markets or into a great gambling run. Characteristically, they were not… — Michael Lewis Copy Share Image
“There was more than one way to think about Mike Burry’s purchase of a billion dollars in credit default swaps. The first… — Michael Lewis Copy Share Image
“The creation of the mortgage bond market, a decade earlier, had extended Wall Street into a place it had never before been:… — Michael Lewis Copy Share Image
If there's a recession, I'd buy stocks. That's when you make money: when markets are spooked. — Ben Stein Copy Share Image
I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to… — Angela Merkel Copy Share Image
“You know what? We need a recession in this country, because that would finaly weed out al the subnormal, underdeveloped, stupefied, puerile… — Jen Lancaster Copy Share Image
In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession… — Amity Shlaes Copy Share Image
Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the… — Doug Ose Copy Share Image
“During lockdown, we are surely locked but not down. Stay inspired.” — Dr Prem Jagyasi Copy Share Image
The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month,… — Bill Dedman Copy Share Image
