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Financial System Quotes

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Financial System Quotes: "The global crisis is caused by pathologies inherent in the global financial system itself."

The global crisis is caused by pathologies inherent in the global financial system itself.



Financial System Quotes: "On balance, the financial system subracts value from society"

On balance, the financial system subracts value from society




Financial System Quotes: "The free enterprise system has not failed; the financial system has failed."

The free enterprise system has not failed; the financial system has failed.



Financial System Quotes: "Nothing is costed properly and it's destroying the earth. We need to re-educate people that what is good for the planet is good for the financial system."

Nothing is costed properly and it's destroying the earth. We need to re-educate people that what is good for the planet is good for the financial system.




Financial System Quotes: "A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to."

A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.



Financial System Quotes: "A default of the US government would not only be very harmful here, it would probably send the country back into deep recession, but it just might crash the international financial system."

A default of the US government would not only be very harmful here, it would probably send the country back into deep recession, but it just might crash the international financial system.



Financial System Quotes: "The financial system as a whole has had the characteristics of a Ponzi scheme if we look at it fundamentally."

The financial system as a whole has had the characteristics of a Ponzi scheme if we look at it fundamentally.




Financial System Quotes: "In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems"

In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems



Financial System Quotes: "The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority."

The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.



Financial System Quotes: "I do sense that the financial system is under the gun. In order to keep our system and economies moving globally, there's the need to extend new money."

I do sense that the financial system is under the gun. In order to keep our system and economies moving globally, there's the need to extend new money.



Financial System Quotes: "Like it or not, we have to have a financial system that is healthy and functioning."

Like it or not, we have to have a financial system that is healthy and functioning.



Financial System Quotes: "I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged."

I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.




Financial System Quotes: "No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can't be saved, because of the mathematics that are involved."

No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can't be saved, because of the mathematics that are involved.



Financial System Quotes: "You know, I have more than enough to do without having to worry about the financial system."

You know, I have more than enough to do without having to worry about the financial system.



Financial System Quotes: "High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors."

High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.



Financial System Quotes: "It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system."

It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.



Financial System Quotes: "It is the policy of the federal government to use all resources at its disposal to make our financial system stronger."

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.



Financial System Quotes: "We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system."

We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.



Financial System Quotes: "The reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things."

The reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.



Financial System Quotes: "Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep."

Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep.



Financial System Quotes: "The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar."

The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.



Financial System Quotes: "By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely."

By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.



Financial System Quotes: "The financial system in its current condition poses an existential threat to Western democracy far exceeding any terrorist threat."

The financial system in its current condition poses an existential threat to Western democracy far exceeding any terrorist threat.