Economic Uncertainty Quotes

Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.

Brazil is not a serious country.

There may be a recession in stock prices, but not anything in the nature of a crash..

Careers can disappear just as quickly as they're made, so I'm in no hurry.

In other words, Social Security is every bit as insecure as the stock market.

When people come and invest in India, they invest on a certain premise, and the fact that the very premise can change worries them a lot.

When people get scared, they quit giving.

During an economic slowdown, one needs to be cautious, but I think it's equally important to not get sucked into the vortex of defensive thinking.

You have despoiled churches. You have threatened every corporation and endowment in the country. You have examined into everybodys affairs. You have criticised every profession and vexed every trade. No one is certain of his property, and nobody knows what duties he may have to perform to-morrow. This is the policy of confiscation as compared with that of concurrent endowment.

Blame the Tea Party? Geez, no wonder Kerry did so well in an election. If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up; we would have been rated BBB.

Every one says: 'Listen, I'd love to reinvest. I'd love to hire people. But I have no idea what this healthcare bill is going to do to my bottom line. I have no idea what this financial reform bill is going to do... I'm not going to step out a limb and do any of those until I know what this government is going to do to me.'

Our experience is that it is not terribly difficult to do business in China. But the issue is, how much stability do you have in terms of what you negotiate up front and when you've got your feet and your investments on the ground.

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

When I look at the chaotic and volatile debate right now, both in Germany and around the world, my impression and concern is that the daily barrage of proposals and political statements is making markets and consumers even more nervous. Still, Brussels is pressing for a joint European approach.

Shaking the confidence in the American economy. This will lead investors to refrain from investing in America or participating in American companies, thus accelerating the fall of the American economy.

The market, as we're all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.

Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.

There is little room for complacency, and it is important to guard against sporadic volatility in financial markets.

I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?

We can’t even project [budget surpluses and deficits] accurately month-to-month, much less for an entire year.

I'm in exactly the same position as everybody else who has a small business.

My mother was born into a solidly middle-class family, but, as all too many Americans understand, everything doesn't always go as planned - no matter how hard you work. She died on welfare. Without the support of the state, I shudder to think of where we would have ended up.

The Treasury has enough trouble with forecasts even when they are trying to get them right.

Economists must always be prepared for surprises: they find many in trying to find order in the universe of their study.

If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big.