Causes Quote by Ben Bernanke

Our country today is at a cross-point of several crises that were triggered by three groups of causes: the effects of the 2008 world…

— Dmitry Medvedev

The financial catastrophe of 2008 nearly precipitated a calamitous economic depression, jolting America and much of the West into a sudden recognition of their…

— Zbigniew Brzezinski

What caused the economic collapse 2008? It was the subprime mortgage crisis.

— Rush Limbaugh

Some calamities - the 1929 stock market crash, Pearl Harbor, 9/11 - have come like summer lightning, as bolts from the blue. The looming…

— George Will

In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they…

— Alan M. Taylor

The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of…

— Ben Bernanke

Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility…

— Anonymous

Financial crises are like fireworks: they illuminate the sky even as they go pop.

— James Buchan

One of the big problems we had during the financial crisis was the intermingling of banks and holding companies and complex securities.

— Steve Mnuchin

Fiscal crises often turn into financial crises, dealing a blow to the real economy.

— Lee Myung-bak

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks,…

— Carmen Reinhart

For me, the Asian financial crisis of 1998 and the war in Kosovo in 1999 are the prelude to the integral accident.

— Paul Virilio