Economic fragility Quotes

The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. If the short-term credits are called in, a large section of our economy would collapse.

The state of our state is fragile …. Our revenue system is broken because it has relied on regressive and unstable taxes …. I refuse to balance this budget on the backs of the children, the elderly, and the poor.

It's hard to kill a city, but easy to kill a company.

It's not a small thing, it's a pandemic, but economically we should not be in this position that we are this fragile as an industry. We don't go racing for three months and we are on the verge of collapsing, which is amazing.

The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile.

Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.

Most people spend their lives building financial houses of straws, which are susceptible to wind, fire, rain and big bad wolves.

Over and over, we hear politicians say they can't spend our tax dollars on environmental protection when the economy is so fragile.

Progress is slow, it is uneven, it is fragile and in some parts of the world it is being erased.

With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.

Our global economy is much more fragile than many of us realize.

It was to be a short visit for the G-shevs. More than four days in the U.S. and Raisa's VISA card bill would shatter the fragile Soviet economy.

We have to be careful of not injecting more uncertainty than economy can handle

I wasn't born into money, and you never know when that money's going to stop coming in.

I do not want to impose additional taxes on the employers at a time when our economy is very fragile and we want to encourage them to hire.

Fragile economies and weak infrastructures tend to worsen the results of climate disruptions, a problem exemplified by Bangladesh's vulnerability to monsoons, accelerating desertification in northern China, and, most visibly, Hurricane Katrina's devastation in New Orleans.

We should have a system of economics that is structure that is organic tools. We do not have it. We are all hanging by our eyebrows from skyhooks economically, just as we are architecturally.