Fiscal Balance Quote by Carmen M. Reinhart

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

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And…

— Timothy Geithner

The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and…

— Nouriel Roubini

“All crisis have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of…

— John Kenneth Galbraith

I'm quite worried about the fiscal imbalances that we've got and what that might mean in terms of financial crisis ahead.

— Bill Gates

Times of economic crises can change what the competitive landscape looks like, because when, for example, you have boom times, capital is easy to…

— Reid Hoffman

There is an old saying, "How did you go bankrupt?" And the answer is, "Gradually, and then suddenly." The impending fiscal crisis in the…

— Seth Klarman

This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go…

— Paul Ryan

“constant budget crises, the going rate for protecting”

— Lisa Gardner

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from…

— David Axelrod

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.

— Ludwig von Mises