Financial Bubble Quotes

The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt ... The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor. ~ Michael Hudson

You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically. ~ Marc Faber

Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be. ~ John Kenneth Galbraith

The word bubble creates a mental picture of an expanding soap bubble, which is destined to pop suddenly and irrevocably. But speculative bubbles are not so easily ended; indeed, they may deflate somewhat, as the story changes, and then reflate. ~ Robert J. Shiller

Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system. ~ Ron Paul

What was meaningful? What was meaningless? What did it mean, to amount to something? What type of life, was worth living? Was it better, to make a ton of money, and have a fucking goddamn Mercedes, or whatever the fuck kind of car it was, to be a lawyer with a 'serious' job, and to have 'amounted to something,' or was it better to just be a waiter, and work the evening shift, and have your days free to goof off with your roommates, your friends, to go to meditation, to take some time to reflect, and enjoy life, and to not always be in such a big goddamn rush to get somewhere? ~ T. Scott McLeod

Mandatory minimum sentencing has disproportionately affected blacks, Hispanics and others who often don't have the financial means to fight back. ~ Rand Paul

From the outside looking in, i think my life would appear very isolated, occupying a huge empty space, with hollow-sounding, emotional echoes. But in reality, this solitary sanctuary i inhabit, allows my artistic nature to sing at the top of its lungs. My feelings have the space they need to breathe. And my art can gain the momentum, it requires, to bubble up to the surface of consciousness. For me, creativity is a chaotic and quiet hybrid, an entity that seeks a safe place to call home. ~ Jaeda DeWalt

In the financial sector, those whom the gods want to destroy they first teach math. ~ Niall Ferguson

An important reason may be that government at the present time is so large that it has reached the stage of negative marginal productivity, which means that any additional function it takes on will probably result in more harm than good…. If a federal program were established to give financial assistance to Boy Scouts to enable them to help old ladies cross busy intersections, we could be sure that not all the money would go to Boy Scouts, that some of those they helped would be neither old nor ladies, that part of the program would be devoted to preventing old ladies from crossing busy intersections, and that many of them would be killed because they would now cross at places where, unsupervised, they were at least permitted to cross. ~ Ronald H. Coase

Manlius ... took care in his invitations, actively sought to exclude from his circle crude and vulgar men like Caius Valerius. But they were all around; it was Manlius who lived in a dream world, and his bubble of civility was becoming smaller and smaller. Caius Valerius, powerful member of a powerful family, had never even heard of Plato. A hundred, even fifty years before, such an absurdity would have been inconceivable. Now it was surprising if such a man did know anything of philosophy, and even if it was explained, he would not wish to understand. ~ Iain Pears

Closing the deal is not just selling, it is MOVING people from where they are to where they should be; helping them make the right choices and take action toward their financial freedom, peace of mind, and legacy. ~ Farshad Asl

Comedy is a very lucrative business now, but when everyone first went into it, it didn't make sense from a financial standpoint. ~ Jim Gaffigan

The couple bubble is an agreement to put the relationship before anything and everything else. It means putting your partner's well-being, self-esteem and distress relief first. And it means your partner does the same for you. You both agree to do it for each other. Therefore, you say to each other, "We come first." In this way, you cement your relationship. It is like making a pact or taking a vow, or like reinforcing a vow you already took with one another. ~ Stan Tatkin

You have not been yourself all day," said Henry, and rose from his seat with face unmoved. Margaret rushed at him and seized both his hands. She was transfigured.
"Not any more of this!" she cried. "You shall see the connection if it kills you, Henry! You have had a mistress - I forgave you. My sister has a lover - you drive her from the house. Do you see the connection? Stupid, hypocritical, cruel - oh, contemptible! - a man who insults his wife when she's alive and cants with her memory when she's dead. A man who ruins a woman for his pleasure, and casts her off to ruin other men. And gives bad financial advice, and then says he is not responsible. These men are you. You can't recognise them, because you cannot connect. I've had enough of your unneeded kindness. I've spoilt you long enough. All your life you have been spoiled. Mrs. Wilcox spoiled you. No one has ever told what you are - muddled, criminally muddled. Men like you use repentance as a blind, so don't repent. Only say to yourself, 'What Helen has done, I've done. ~ E.M. Forster

The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy, and creative lives. This simple but powerful truth is too often forgotten in the pursuit of material and financial wealth. ~ Mahbub Ul Haq

The beauty of success, whether it's finding the girl of your dreams, the right job or financial success, is that it doesn't matter how many times you have failed, you only have to be right once. ~ Mark Cuban

Although a single source of risk may create large losses, it is not generally enough to result in an actual disaster. For such an event to occur, several types of risks usually need to interact. Most importantly, the lack of appropriate controls appears to be a determining contributor. Although inadequate controls do not trigger the actual financial loss, they allow the organization to take more risk than necessary and also provide enough time for extreme losses to accumulate. ~ Thomas S. Coleman

I always had a sense that I would fall in love with Tokyo. In retrospect I guess it's not that surprising. I was of the generation that had grown up in the '80s when Japan was ascendant (born aloft by a bubble whose burst crippled its economy for decades), and I'd fed on a steady diet of anime and samurai films. ~ Junot Diaz

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new
a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization. ~ Joseph A. Schumpeter

Let's say somebody were [in the White House] and they wanted to destroy this nation. I would create division among the people, encourage a culture of ridicule for basic morality and the principles that made and sustained the country, undermine the financial stability of the nation, and weaken and destroy the military. It appears coincidentally that those are the very things that are happening right now. ~ Benjamin Carson

Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably. ~ Andrew Ross Sorkin

Good choice,' Laura Said. 'Our neighbour, Mrs Crabtree, came round this morning and she put it best. Her theory is that fame is like a bubble. It looks gorgeous on the outside, as if it's been painted with pretty colours, but when you pop it there's nothing there. She said that life, love and friendship are what matters, and that what you do is more important than what you show. ~ Lauren St. John

My parents were working class folks. My dad was a bartender for most of his life, my mom was a maid and a cashier and a stock clerk at WalMart. We were not people of financial means in terms of significant financial means. I always told them, 'I didn't always have what I wanted. I always had what I needed.' My parents always provided that. ~ Marco Rubio

What is the explanation for the blind eye that has been turned on the flood of medical reports on the causative role of carbohydrates in overweight, ever since the publication in 1864 of William Banting's famous "Letter on Corpulence"? Could it be related, in part, to the vast financial endowments poured into the various departments of nutritional education by the manufacturers of our refined carbohydrate foodstuff? ~ Robert Atkins

In 'Unfair Advantage: The Power of Financial Education' and 'Why A Students Work for C Students,' I reveal the secrets of the wealthy and what schools will never teach you about money. ~ Robert Kiyosaki

I wish that when we weren't filming, we could have full privacy. I wish I could live in a bubble and just be with my family. ~ Kourtney Kardashian

In the family pattern, men support boys and women support girls, and because women have far fewer financial resources, there is less money to invest in girls. ~ Ann Cotton

With the lessons taken from the financial crisis in 1997, the Republic of Korea has been able to surmount the global economic crisis rather successfully. ~ Lee Myung-bak

I believe my publisher has shown a great deal of faith in me over a lot of years but I'm not prepared to be so arrogant to say that the long-term literary value of my work would compensate them for a financial failure. ~ Andrew Vachss

We often forget that Iran has a long tradition and history with the United States. Iranians have been coming to the United States as students for decades. American businessmen were in Iran developing the oil fields ... There was an American financial advisor to the Iranian government in the early part of the century. ~ Elaine Sciolino

I was encouraged to break all the rules but to take the best of philanthropy, the best of investing, and the best of development finance, and experiment with new ways to create this venture capital model of using philanthropy to back patient capital investments, and then build solutions that were measured in terms of the kind of impact and change they were making on people's lives and in the world, not just on the financial return. ~ Jacqueline Novogratz

At some point, economists must study the Business Family Wedding Gift Economy. It is an extraordinary, closed bubble. What happens is this: a woman marries into a conservative Indian business family. She may well be energetic and bright, but there's no place for her at work, nor can she work elsewhere. So, instead, she's urged to 'take up something'. Scented candles, usually. Sometimes kurta design. Or necklaces, or faux-Rajasthani coffee tables. She then becomes a 'success', because every other woman in the family buys her candles as wedding presents, at hideously inflated prices. In return, she buys their kurtas as wedding presents. Eventually, everyone is buying everyone else's hideous creations at hideously high prices, and nobody can ever tell anyone else their stuff sucks, and that nobody really likes the smell of lavender anyway. The most amazing thing is, this is not a very different economy from the one their husbands are in. ~ Mihir S. Sharma

Soon after the financial crisis of 2008, I was at a meeting in Washington with a group of U.S. senators. They had invited me to provide a point of view on new regulation; regulation aimed at ensuring we never have to go through the events of 2008 ever again. ~ Bob Diamond

Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators. ~ Gary Weiss

The public relies on the advice of doctors and leading researchers. The public has a right to know about financial relationships between those doctors and the drug companies who make the pharmaceuticals prescribed by doctors. ~ Chuck Grassley

A financial panic is a very bad thing, but a government panic can do far greater damage in a far shorter time. ~ Tom McClintock

I want Britain to be a global financial centre but I want it to be properly regulated. ~ George Osborne