A coalition of groups ... is waging a massive propaganda campaign against the president of the United States. ... an all-out attack. Their aim is total victory for themselves and total defeat for him. (On Watergate crisis)
I know my fate. One day my name will be associated with the memory of something tremendous--a crisis without equal on earth, the most profound collision of conscience, a decision that was conjured up against everything that had been believed, demanded, hallowed so far. I am no man, I am dynamite.
I would not bet against US innovation, entrepreneurship and business culture - The trinity that drives economic growth and recovery. Yes, we do face a major crisis, but we also do have a proven track record of recovery.
It is expected from the government officials and the financial sector to selectively report on the good news to avoid investors panic and maintain confidence in the economy. Unfortunately building confidence has been the name of the game since the beginning of the crisis rather than real economic reforms.
One quick and effective solution to the global economic crisis is a global economic and political reset. A global economic reset means that world leaders can come together to agree on debt forgiveness to all nations and restructuring of the global economy. Friends and enemies alike, no exceptions. To be fair to nations with lesser debts, they could be compensated on a ratio basis to enjoy treasury surpluses. A new international trade and reserve currency will probably be established to create a fair global economic system and to implement the reset. This could bring a new era of global prosperity and socioeconomic exchange. This is a much better alternative than currency wars, international hostilities and continuous risks of global socioeconomic shocks.
The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.
The US government alone cannot get its economy out of the crisis. It appears to me that the current policy makers are suffering from the gambler's syndrome. They keep spending more money hoping that they will eventually win. More debt spending is a receipt for bankruptcy. Real economic growth comes from government and private sector investments, not from massive debt spending followed by tax increases or currency devaluation.
The worst thing that could happen to any economy is the loss of confidence. - [predicting the US economic crisis]
There are two main reasons that caused mainstream economists and financial media to miss the financial crisis of 2008. The first is the NIH (Not Invented Here) bias, which is an organizational phenomenon manifested as an unwillingness to adopt an idea because it originates from unknown outsiders. It is a form of social cognition bias that leads to errors in group judgments such as missing on new opportunities or risks. The second reason is a cognition bias known as the Confirmation Bias which is the tendency to search for, filter in, or interpret information in a way that confirms existing preconceptions. The Confirmation Bias is recognized as an individual cognition bias, but when met with (NIH) bias it appears to develop into a social bias very similar to the Groupthink syndrome.
We presume that we would be ready for battle if confronted with a great crisis, but it is not the crisis that builds something within us—it simply reveals what we are made of already.
When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity.
Countries that have strong pre-crisis macroeconomic metrics, rich natural resources and export-based industries have stronger recovery prospects from economic crisis.
Countries that have strong pre-crisis macroeconomic metrics, rich natural resources and export-based industries have stronger recovery prospects. Strong budgets allow the government to stimulate the economy with less debt burden. Exports play a significant role in supporting a stable interest rate and ex-change rates thus renewing investors confidence and recovery.
An act of terrorism totally outside the bounds of international law and diplomatic tradition. ... a crisis that calls for firmness and restraint.
A leader or a man of action in a crisis almost always acts subconsciously and then thinks of the reasons for his action.
American foreign policy must be more than the management of crisis. It must have a great and guiding goal: to turn this time of American influence into generations of democratic peace.
Being filled with the Holy Spirit, then, is a matter of obedience to the Word of God. The filling of the Spirit that all experienced at Pentecost was a matter of a promise being fulfilled. Today, the believer is to be filled in obedience to the command of Ephesians 518, continuously, not merely by a single, crisis experience. The Christian life is a growth process toward maturity.
Close scrutiny will show that most "crisis situations" are opportunities to either advance, or stay where you are.
Close scrutiny will show that most crisis situations are opportunities to either advance, or stay where you are.
I believe that in the history of art and of thought there has always been at every living moment of culture a will to renewal. This is not the prerogative of the last decade only. All history is nothing but a succession of crises -- of rupture, repudiation and resistance. When there is no crisis, there is stagnation, petrifaction and death. All thought, all art is aggressive.
I do believe in PREDETERMINISM. That infers, I believe in the doctrine which states that all events/matters are predetermined/controlled/proven true or false by/with God/destiny/time. Besides, I also do believe that any of the predetermined events/matters can/will be thwarted/avoided/manipulated only by God's intervention/interference.