--- title: "Meaning & Key Takeaway of: \"The ultimate recession\": a recession…" description: "\"\"The ultimate recession\": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disapp..." image: "https://sms4smile.com/quotes/i/860/jonathon-porritt-21511_bankers_the-ultimate-recession-a-recession-cause_2504739.jpg" --- # "The ultimate recession": a recession caused not by failed… ![“"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this…” quote by Jonathon Porritt](https://sms4smile.com/quotes/i/860/jonathon-porritt-21511_bankers_the-ultimate-recession-a-recession-cause_2504739.jpg) [Download](https://sms4smile.com/quotes/i/860/jonathon-porritt-21511_bankers_the-ultimate-recession-a-recession-cause_2504739.jpg) [Open image](https://sms4smile.com/quotes/i/860/jonathon-porritt-21511_bankers_the-ultimate-recession-a-recession-cause_2504739.jpg) > “"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon” [Jonathon Porritt](https://sms4smile.com/quotes/author/jonathon-porritt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The "ultimate recession" stems from ecological collapse—high oil, food, water scarcity, climate change—rather than financial mismanagement. **In simple terms:** Ecological crises cause economic collapse. Key Takeaway Shift to sustainable living and economies. Themes environment economy climate change resource scarcity politics Mood urgent concerned Type activist analytical When to use this quote - energy policy - urban planning - agricultural reform - public awareness campaigns Key Concepts sustainability systemic risk ecological economics Questions to Reflect On - How can societies adopt sustainable consumption? - What policies can prevent ecological recession? 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Schwartz](https://sms4smile.com/quotes/author/judith-d-schwartz/) ## More by Jonathon Porritt > [Fundamentally transforming the foundations of the economy is the biggest contribution we can make towards building a sustainable future. The current economic crisis may…](https://sms4smile.com/quotes/jonathon-porritt/fundamentally-transforming-the-foundations-of-the-economy-is-the/) [Jonathon Porritt](https://sms4smile.com/quotes/author/jonathon-porritt/) > [I think we will work our way towards a position that says that having more than two children is irresponsible.](https://sms4smile.com/quotes/jonathon-porritt/i-think-we-will-work-our-way-towards-a-position-that-says-that-having/) [Jonathon Porritt](https://sms4smile.com/quotes/author/jonathon-porritt/) > [Many ideas have struggled over the centuries to dominate the planet. Fascism. Communism. Democracy. Religion. But only one has achieved total supremacy. 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We have to be able to demonstrate just how dynamic and aspirational such a…](https://sms4smile.com/quotes/jonathon-porritt/we-re-never-going-to-scare-people-into-living-more-sustainably-we/) [Jonathon Porritt](https://sms4smile.com/quotes/author/jonathon-porritt/) [Explore all 29 Jonathon Porritt quotes ](https://sms4smile.com/quotes/author/jonathon-porritt/) ## More Bankers quotes > ['Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…](https://sms4smile.com/quotes/paul-singer/inequality-has-become-the-political-theme-slogan-of-our-time-in-both/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [The socially redeeming aspect of golf lies in the vast number of lawyers and bankers and managers who play it, and when you think…](https://sms4smile.com/quotes/garrison-keillor/the-socially-redeeming-aspect-of-golf-lies-in-the-vast-number-of/) [Garrison Keillor](https://sms4smile.com/quotes/author/garrison-keillor/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [When a government is dependent upon bankers for money, they and not the leaders of the government control the situation](https://sms4smile.com/quotes/napoleon-bonaparte/when-a-government-is-dependent-upon-bankers-for-money-they-and-not/) [Napoleon Bonaparte](https://sms4smile.com/quotes/author/napoleon-bonaparte/) > [3 people get stranded on a remote Island A Banker, a Daily Mail reader & an Asylum seeker All they have to eat is…](https://sms4smile.com/quotes/christopher-brookmyre/3-people-get-stranded-on-a-remote-island-a-banker-a-daily-mail-reader/) [Christopher Brookmyre](https://sms4smile.com/quotes/author/christopher-brookmyre/) > [“After analyzing our current crisis and studying well-established historical precedents, I must conclude that the global bankers have only three possible cards left to…](https://sms4smile.com/quotes/ziad-k-abdelnour/after-analyzing-our-current-crisis-and-studying-well-established/) [Ziad K. 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