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.
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 crisis does not always appear to a policymaker as a series of dramatic events. Usually it imposes itself as an exhausting agenda of petty chores demanding both concentration and endurance.
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 see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.
I think it's only in a crisis that Americans see other people. It has to be an American crisis, of course. If two countries fight that do not supply the Americans with some precious commodity, then the education of the public does not take place. But when the dictator falls, when the oil is threatened, then you turn on the television and they tell you where the country is, what the language is, how to pronounce the names of the leaders, what the religion is all about, and maybe you can cut out recipes in the newspaper of Persian dishes.
If its individual citizens, to a man, are to be believed, it always is depressed, and always is stagnated, and always is at an alarming crisis, and never was otherwise; though as a body, they are ready to make oath upon the Evangelists, at any hour of the day or night, that it is the most thriving and prosperous of all countries on the habitable globe.