Posts Tagged ‘depression’

David McWilliams: Pandession Is

Posted by admin on Monday, May 25, 2020

David McWilliams Money Quote saying Irish economist that the global pandemic is having new effects on the world economy which requires a new term he has coined – Pandession. David McWilliams said:
 
We are suffering from something new, something I’d like to term a 'Pandession'. We have chosen to minimise needless death at the price of huge economic damage Quote
 

“We are not living through a recession. Nor are we witnessing a depression. We are suffering from something new, something I’d like to term a “Pandession”. We have chosen to minimise needless death at the price of huge economic damage. This economic, social and political destruction is the Pandession” — David McWilliams

 
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Harry Truman: A Recession or Depression?

Posted by admin on Thursday, January 11, 2018

Harry Truman Money Quote saying it’s tough to tell when tough economic times turn to terrible depression – but one way to tell is if you are still employed. Harry Truman said:
 
It's a recession when your neighbor loses his job; it's a depression when you lose your own Quote
 

It’s a recession when your neighbor loses his job; it’s a depression when you lose your own — Harry Truman

 
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Bernie Sanders: Criminality on Wall Street

Posted by admin on Saturday, May 28, 2016

Bernie Sanders Money Quote saying wall street banks crimes were the cause of financial crisis. Bernie Sanders said:

Financial excesses, indeed widespread financial criminality on Wall Street, played a direct role in causing the world’s worst financial crisis since the Great Depression
— Bernie Sanders

Walter Annenberg on Insulation of Money

Posted by admin on Tuesday, July 1, 2014

Walter Annenberg Money Quotation saying he saw no ill effect from the Great Depression because he was wealthy. Walter Annenberg said:

I didn’t feel the Depression at all. I always had a pocketful of money

— Walter Annenberg

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