Accumulation Quote by 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

Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your…

— Andrew Ross Sorkin

“The Fiscal Legacy of Crises Declining revenues and higher expenditures, owing to a combination of bailout costs and higher transfer payments and debt servicing…

— Carmen M. Reinhart

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

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

— Lee Myung-bak

“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

At some point, there will be some other financial crisis. It's in the nature of a capitalist system.

— Lee Hsien Loong

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have…

— Ben Bernanke

From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root…

— Henry Paulson

Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis…

— Hyman Minsky

Financial crises are an unfortunate but necessary consequence of modern capitalism.

— Andrew Lo

The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to…

— Michael Hudson