--- title: "Meaning & Key Takeaway of: Keep in mind that, when I came in, we had…" description: "\"Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and working with people like Chancellor Merkel, w..." image: "https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg" --- # Keep in mind that, when I came in, we had had a crisis… ![“Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and working with people like Chancellor Merkel, working with the G-20 and other institutions internationally, we were able to stabilize the financial system, stabilize the US economy and return to…” quote by Barack Obama](https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg) [Download](https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg) [Open image](https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg) > “Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and working with people like Chancellor Merkel, working with the G-20 and other institutions internationally, we were able to stabilize the financial system, stabilize the US economy and return to growth.” [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. During a severe crisis, collaboration with global leaders helped stabilize finance and revive growth. **In simple terms:** Global cooperation restored economic stability. Key Takeaway Foster international cooperation in crises. Themes economics leadership crisis management Mood hopeful strategic Type political inspirational When to use this quote - pandemic response - climate finance - trade negotiations Key Concepts finance politics global governance Questions to Reflect On - What mechanisms ensure effective global coordination? - How can nations balance sovereignty with joint action? A Different Perspective Cooperation can be limited by political disagreements. ★ ★ ★ ★ ★ No ratings yet [1930s](https://sms4smile.com/quotes/about/zz-1930s-382/) [Able](https://sms4smile.com/quotes/about/able/) [Came Crisis](https://sms4smile.com/quotes/about/came-crisis-2819716/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Economy](https://sms4smile.com/quotes/about/economy/) [Economy Return](https://sms4smile.com/quotes/about/economy-return-1607393/) [Financial](https://sms4smile.com/quotes/about/financial/) [Financial Stabilize](https://sms4smile.com/quotes/about/financial-stabilize-3748981/) [Financial system](https://sms4smile.com/quotes/about/financial-system/) [Growth](https://sms4smile.com/quotes/about/growth/) [Institutions](https://sms4smile.com/quotes/about/institutions/) [Merkel Working](https://sms4smile.com/quotes/about/merkel-working-3748980/) [Mind](https://sms4smile.com/quotes/about/mind/) [People](https://sms4smile.com/quotes/about/people/) [Psychology](https://sms4smile.com/quotes/about/psychology/) [Return](https://sms4smile.com/quotes/about/return/) [Stabilize Economy](https://sms4smile.com/quotes/about/stabilize-economy-1181309/) [Worst](https://sms4smile.com/quotes/about/worst/) ## Related quotes > [What matters in the new economy is not return on investment, but return on imagination](https://sms4smile.com/quotes/gary-hamel/what-matters-in-the-new-economy-is-not-return-on-investment-but/) [Gary Hamel](https://sms4smile.com/quotes/author/gary-hamel/) > [What is the situation today? We have a united country. We have a single currency. We have managed to stabilize the economy, despite difficulties.…](https://sms4smile.com/quotes/joseph-kabila/what-is-the-situation-today-we-have-a-united-country-we-have-a-single/) [Joseph Kabila](https://sms4smile.com/quotes/author/joseph-kabila/) > [One way and another I was having a ball - playing gigs, jamming and listening to fine musicians. Then came a crisis at home.…](https://sms4smile.com/quotes/mary-lou-williams/one-way-and-another-i-was-having-a-ball-playing-gigs-jamming-and/) [Mary Lou Williams](https://sms4smile.com/quotes/author/mary-lou-williams/) > [Fashion was in a crisis up until the mid-'90s and, when it came out of the crisis, it was a very different place. It…](https://sms4smile.com/quotes/tim-gunn/fashion-was-in-a-crisis-up-until-the-mid-90s-and-when-it-came-out-of/) [Tim Gunn](https://sms4smile.com/quotes/author/tim-gunn/) > [Like it or not, we have to have a financial system that is healthy and functioning.](https://sms4smile.com/quotes/barack-obama/like-it-or-not-we-have-to-have-a-financial-system-that-is-healthy-and/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [You know, I have more than enough to do without having to worry about the financial system.](https://sms4smile.com/quotes/barack-obama/you-know-i-have-more-than-enough-to-do-without-having-to-worry-about/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [In the absence of sound oversight,responsible businesses are forced to compete against unscrupulous and underhanded businesses, who are unencumbered by any restrictions on activities…](https://sms4smile.com/quotes/barack-obama/in-the-absence-of-sound-oversight-responsible-businesses-are-forced/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to…](https://sms4smile.com/quotes/barack-obama/the-banks-because-of-mismanagement-because-of-huge-risk-taking-are/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and…](https://sms4smile.com/quotes/nouriel-roubini/the-economic-costs-the-financial-costs-the-job-losses-the-income/) [Nouriel Roubini](https://sms4smile.com/quotes/author/nouriel-roubini/) > [We need to ensure that the government agencies that are supposed to be regulating the financial system are actually doing their jobs. We must…](https://sms4smile.com/quotes/carly-fiorina/we-need-to-ensure-that-the-government-agencies-that-are-supposed-to/) [Carly Fiorina](https://sms4smile.com/quotes/author/carly-fiorina/) > [When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with…](https://sms4smile.com/quotes/bernard-von-nothaus/when-i-was-on-tour-people-would-say-we-don-t-need-a-value-based/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past…](https://sms4smile.com/quotes/henry-paulson/well-as-you-know-we-re-working-through-a-difficult-period-in-our/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.](https://sms4smile.com/quotes/ben-bernanke/we-do-not-expect-significant-spillovers-from-the-subprime-market-to/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.](https://sms4smile.com/quotes/henry-paulson/it-is-the-policy-of-the-federal-government-to-use-all-resources-at/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Just as Wall Street needs to break the hold of the bonus culture, which drives risk-taking that is rational for individuals but damaging to…](https://sms4smile.com/quotes/randy-schekman/just-as-wall-street-needs-to-break-the-hold-of-the-bonus-culture/) [Randy Schekman](https://sms4smile.com/quotes/author/randy-schekman/) ## More by Barack Obama > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The peaceful transition of power is one of the hallmarks of our democracy.](https://sms4smile.com/quotes/barack-obama/the-peaceful-transition-of-power-is-one-of-the-hallmarks-of-our/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [As opposed to getting into arguments about, well, these folks have been treated fairly so now we're going to be doing things that, very…](https://sms4smile.com/quotes/barack-obama/as-opposed-to-getting-into-arguments-about-well-these-folks-have-been/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Donald Trump is temperamentally unfit.](https://sms4smile.com/quotes/barack-obama/donald-trump-is-temperamentally-unfit/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [What we've said to the girls is: 'If you guys ever decide that you're going to get a tattoo, then mommy and me will…](https://sms4smile.com/quotes/barack-obama/what-we-ve-said-to-the-girls-is-if-you-guys-ever-decide-that-you-re/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Nobody is listening to your telephone calls.](https://sms4smile.com/quotes/barack-obama/nobody-is-listening-to-your-telephone-calls/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America.…](https://sms4smile.com/quotes/barack-obama/all-of-us-take-offense-to-anyone-who-reaps-the-rewards-of-living-in/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The world is complicated and full of grays, but there's still truth there to be found.](https://sms4smile.com/quotes/barack-obama/the-world-is-complicated-and-full-of-grays-but-there-s-still-truth/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ That is another theme in the book \[Dreams from My Father\]. How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Explore all 3,624 Barack Obama quotes ](https://sms4smile.com/quotes/author/barack-obama/) ## More 1930s quotes > [Physicist Isador Isaac Rabi, who won a Nobel Prize for inventing a technique that permitted scientists to probe the structure of atoms and molecules…](https://sms4smile.com/quotes/richard-saul-wurman/physicist-isador-isaac-rabi-who-won-a-nobel-prize-for-inventing-a/) [Richard Saul Wurman](https://sms4smile.com/quotes/author/richard-saul-wurman/) > [My grandmother was a minister as well, which was not that common in the 1930s.](https://sms4smile.com/quotes/colin-firth/my-grandmother-was-a-minister-as-well-which-was-not-that-common-in/) [Colin Firth](https://sms4smile.com/quotes/author/colin-firth/) > [It reminds me in some ways of the debate taking place in this country and around the world in the late 1930s. There were…](https://sms4smile.com/quotes/bernie-sanders/it-reminds-me-in-some-ways-of-the-debate-taking-place-in-this-country/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [As a result of the efforts of Hayek .. and the many others who share his general outlook, the idea of a centrally planned…](https://sms4smile.com/quotes/irving-kristol/as-a-result-of-the-efforts-of-hayek-and-the-many-others-who-share-his/) [Irving Kristol](https://sms4smile.com/quotes/author/irving-kristol/) > [When I was in Philadelphia during the Depression in 1930 or '31, I got a very sad job as a night watchman in a…](https://sms4smile.com/quotes/tom-glazer/when-i-was-in-philadelphia-during-the-depression-in-1930-or-31-i-got/) [Tom Glazer](https://sms4smile.com/quotes/author/tom-glazer/) > [Working in 3D I didn't experience much of a difference, except that the cameras are very big so they can't be moved around with…](https://sms4smile.com/quotes/james-frain/working-in-3d-i-didn-t-experience-much-of-a-difference-except-that/) [James Frain](https://sms4smile.com/quotes/author/james-frain/) > [Whatever the reasons may be, I was very much affected by events of the 1930s - the Spanish Civil War, for example, though I…](https://sms4smile.com/quotes/noam-chomsky/whatever-the-reasons-may-be-i-was-very-much-affected-by-events-of-the/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [We're a little bit low in the 1970s, right, post-Vietnam, Watergate era, malaise, all that, but this is more like the 1930s where the…](https://sms4smile.com/quotes/daniel-fried/we-re-a-little-bit-low-in-the-1970s-right-post-vietnam-watergate-era/) [Daniel Fried](https://sms4smile.com/quotes/author/daniel-fried/) > [In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they…](https://sms4smile.com/quotes/alan-m-taylor/in-the-immediate-postwar-era-financial-crises-in-advanced-countries/) [Alan M. Taylor](https://sms4smile.com/quotes/author/alan-m-taylor/) > [I would not say that Harvard possesses any sort of absolute dominance. And I personally do not take the rankings of schools all that…](https://sms4smile.com/quotes/henry-rosovsky/i-would-not-say-that-harvard-possesses-any-sort-of-absolute-dominance/) [Henry Rosovsky](https://sms4smile.com/quotes/author/henry-rosovsky/) > [In the 1930s one was aware of two great evils - mass unemployment and the threat of war.](https://sms4smile.com/quotes/james-meade/in-the-1930s-one-was-aware-of-two-great-evils-mass-unemployment-and/) [James Meade](https://sms4smile.com/quotes/author/james-meade/) > [When comics came along in the 1930s there was a talent pool waiting. And one reason is so many areas were closed to Jews.…](https://sms4smile.com/quotes/jerry-robinson/when-comics-came-along-in-the-1930s-there-was-a-talent-pool-waiting/) [Jerry Robinson](https://sms4smile.com/quotes/author/jerry-robinson/) > [In his 1930 book, Dirac took for granted that measurements could be made, but was very vague about what was actually involved.](https://sms4smile.com/quotes/willis-lamb/in-his-1930-book-dirac-took-for-granted-that-measurements-could-be/) [Willis Lamb](https://sms4smile.com/quotes/author/willis-lamb/) > [Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.](https://sms4smile.com/quotes/paul-krugman/under-the-gold-standard-america-had-no-major-financial-panics-other/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [The crucial role communists played in organizing industrial unions in the 1930s and struggling for social reforms, peace, and civil rights strengthened rather then…](https://sms4smile.com/quotes/michael-parenti/the-crucial-role-communists-played-in-organizing-industrial-unions-in/) [Michael Parenti](https://sms4smile.com/quotes/author/michael-parenti/) [Browse all 255 1930s quotes ](https://sms4smile.com/quotes/about/zz-1930s-382/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and working with people like Chancellor Merkel, working with the G-20 and other institutions internationally, we were able to stabilize the financial system, stabilize the US economy and return to growth.", "creator": { "@type": "Person", "name": "Barack Obama" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/barack-obama/keep-in-mind-that-when-i-came-in-we-had-had-a-crisis-that-was-the/", "about": { "@type": "Thing", "name": "1930s" }, "@id": "https://sms4smile.com/quotes/barack-obama/keep-in-mind-that-when-i-came-in-we-had-had-a-crisis-that-was-the/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg", "url": "https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg", "width": 1080, "height": 1080, "caption": "“Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and…” — Barack Obama", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Barack Obama", "item": "https://sms4smile.com/quotes/author/barack-obama/" }, { "@type": "ListItem", "position": 4, "name": "Keep in mind that, when I...", "item": "https://sms4smile.com/quotes/barack-obama/keep-in-mind-that-when-i-came-in-we-had-had-a-crisis-that-was-the/" } ], "@id": "https://sms4smile.com/quotes/barack-obama/keep-in-mind-that-when-i-came-in-we-had-had-a-crisis-that-was-the/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```