America Quote by Willem Buiter

I'm afraid sometimes certain individual cases of defaults are unavoidable. What we should do is to step up monitoring, properly handle relevant matters, and…

— Li Keqiang

If we were going to default, we would have decided that many months ago. It would be wrong for the Greek economy, it would…

— George Papandreou

The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to…

— Barack Obama

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big…

— Jerry A. Webman

For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through…

— Mohamed El-Erian

What's going to happen is that there will be a definite consensus that Europe is not working. The diagnosis will be to shed the…

— Joseph Stiglitz

By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…

— George Soros

Unless we have a Central Bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching…

— Jacob Schiff

On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are…

— Daniel Hannan

There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European…

— George Osborne

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

— Warren Buffett

Sometimes it takes a crisis for people to agree that what is obvious and should have been done years ago, can no longer be…

— Gordon Brown