Posts Tagged ‘recession’

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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Daniel Hannan: Spending Recession & Debt

Posted by admin on Monday, January 12, 2015

Daniel Hannan Money Quotation saying spending won’t solve the problems that cause recession – creating more debt won’t fix it. Daniel Hannan said:

You cannot spend your way out of recession or borrow your way out of debt
— Daniel Hannan

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