"What we need to understand is, one, that……" — Nouriel Roubini
"What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics."
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Nouriel Roubini
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23 Quotes by Nouriel Roubini
Nouriel Roubini has 23 quotes on this site.
A few more worth reading:
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In the history of modern capitalism, crises are the norm, not the exception.
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I think investing in a good education has been key for me, although the investment was more in time than…
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I think globalization actually maintains and fosters various elements of national and cultural identities. I don't think everything is being…
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We're essentially continuing a system where profits are privatized and...losses socialized,
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Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know,…
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Edward Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return…
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The gains from technology must be channeled to a broader base of the population than has benefited so far.
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In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As…
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If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned…
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All the risky things that were happening back in ’06 and ‘07 are back again to the same level, if…
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A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold…
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Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble…
See all 23 quotes by Nouriel Roubini »
More Asset Quotes
This quote is filed under Asset Quotes,
one of 383 quotes in that category. Here are a few more:
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People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A…
— Mary Kay Ash
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Don't let what you don't know scare you, because it can become your greatest asset. And if you do things…
— Sara Blakely
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations…
— Eli Broad
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When Gordon the Brown, in London in 1997, commissioned a great inquisition or survey of his new realm, the result…
— James Buchan
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that…
— Warren Buffett
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Healthy citizens are the greatest asset any country can have.
— Winston Churchill
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When there wasn't any money involved, for all intents and purposes, nobody gave a damn. But now the land, supposedly…
— Neil Abercrombie
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Aggressive play is a vital asset of the world's greatest golfers. However, it's even more important to the average player.…
— Greg Norman
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My mind is my biggest asset. I expect to win every tournament I play.
— Tiger Woods
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Your decision to be, have and do something out of ordinary entails facing difficulties that are out of the ordinary…
— Brian Tracy
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Your company's most valuable asset is how it is known to customers.
— Brian Tracy
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Goodwill is the only asset that competition cannot undersell or destroy.
— Marshall Field
See all 383 Asset Quotes »