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Nouriel Roubini Quotes: In the history of modern capitalism, crises are the norm, not the exception.
         

In the history of modern capitalism, crises are the norm, not the exception.


Nouriel Roubini
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"Nouriel Roubini Quotes." Quoteslyfe.com, 2024. Sun. 08 Sep. 2024. <https://www.quoteslyfe.com/quote/In-the-history-of-modern-capitalism-crises-931678>.





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Other quotes of Nouriel Roubini


The gains from technology must be channeled to a broader base of the population than has benefited so far.

The gains from technology must be channeled to a broader base of the population than has benefited so far.



I think investing in a good education has been key for me, although the investment was more in time than money.

I think investing in a good education has been key for me, although the investment was more in time than money.



I am not going to say I told you so, but I did.

I am not going to say I told you so, but I did.



The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.



You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.

You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.



I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully realize how much pain and suffering, how much anxiety exists out there.

I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully realize how much pain and suffering, how much anxiety exists out there.



We're essentially continuing a system where profits are privatized and...losses socialized.

We're essentially continuing a system where profits are privatized and...losses socialized.



Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.

Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.



Technology is spurring innovation, and the so-called "demographic dividend" has brought change.

Technology is spurring innovation, and the so-called "demographic dividend" has brought change.



Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold.

Gold has no increasing value. And if you're really worried about, say, inflation rising, I would buy Spam. You know, you can eat Spam. You cannot eat gold.





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If it aint broke, break it. Then build something better.

If it aint broke, break it. Then build something better.



A man in love is an awful sight.

A man in love is an awful sight.



The closer you got to anything beautiful, the less beautiful it became. Allure was in the mystery, not the appearance.

The closer you got to anything beautiful, the less beautiful it became. Allure was in the mystery, not the appearance.



When I need to cry, I think of very sad things, mostly about animals.

When I need to cry, I think of very sad things, mostly about animals.



All kids love to get dirty, but if I wandered into the garage, my father would say: 'Son, you're not going to have filthy hands like mine. You're going into show business.'

All kids love to get dirty, but if I wandered into the garage, my father would say: 'Son, you're not going to have filthy hands like mine. You're going into show business.'



In terms of scope, and in terms of sheer number of characters, we went beyond our limits long ago.

In terms of scope, and in terms of sheer number of characters, we went beyond our limits long ago.



There is a wide knowledge gap between us and the developed world in the West and in Asia. Our only choice is to bridge this gap as quickly as possible, because our age is defined by knowledge.

There is a wide knowledge gap between us and the developed world in the West and in Asia. Our only choice is to bridge this gap as quickly as possible, because our age is defined by knowledge.



Wherever there is a single solution, that solution must always achieve some kind of maximum.

Wherever there is a single solution, that solution must always achieve some kind of maximum.



What's good about many people liking the work is that when I want to collaborate or am interested in the synergy of artists working together, nobody ever says no to me when I ask to work with them.

What's good about many people liking the work is that when I want to collaborate or am interested in the synergy of artists working together, nobody ever says no to me when I ask to work with them.



We just grew to trust each other [with Patti Smith] more and more over the years. Most of the time I didn't even have a movie camera.

We just grew to trust each other [with Patti Smith] more and more over the years. Most of the time I didn't even have a movie camera.




Quote Description


This page presents the quote "In the history of modern capitalism, crises are the norm, not the exception.". Author of this quote is Nouriel Roubini. This quote is about exception, modern, capitalism, economics, crisis, history, norm,.