Quotes About Financial Instability

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Quotes About Financial Instability

I have to say that if our global alliances are going to be alliances with Hezbollah and Hamas and Hugo Chavezs Venezuela and Vladimir Putins Russia, there is absolutely no chance of building a world-wide alliance that can deal with poverty and inequality and climate change and financial instability, and weve got to face up to that fact.
— Gordon Brown —

Large numbers of under-capitalized banks were a recipe for financial instability, and panics were a regular feature of American economic life - most spectacularly in the Great Depression, when a major banking crisis was exacerbated rather than mitigated by a monetary authority that had been operational for little more than fifteen years.

— Niall Ferguson

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

— Ben Bernanke

We simply cannot afford any further delay in providing the IMF with the resources it requires to help contain the threat of further financial and political instability around the world.

— Robert Rubin

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