Quotes on Crisis

The amelioration of the world cannot be achieved by sacrifices in moments of crisis; it depends on the efforts made and constantly repeated during the humdrum, uninspiring periods, which separate one crisis from another, and of which normal lives mainly consist.

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

A church that doesn't provoke any crises, a gospel that doesn't unsettle, a word of God that doesn't get under anyone’s skin, a word of God that doesn't touch the real sin of the society in which it is being proclaimed — ​what gospel is that?

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.

I love business. I love helping urban communities grow. I love putting people to work of color. I love making sure - like right now the whole mortgage crisis, I want to help people get back into their homes.

Our present ecological crisis, the biggest single practical threat to our human existence in the middle to long term, has, religious people would say, a great deal to do with our failure to think of the world as existing in relation to the mystery of God, not just as a huge warehouse of stuff to be used for our convenience.

Democracy was regarded as entering into a crisis in the 1960s. The crisis was that large segments of the population were becoming organized and active and trying to participate in the political arena.

We can never really be prepared for that which is wholly new. We have to adjust ourselves, and every radical adjustment is a crisis in self-esteem: we undergo a test, we have to prove ourselves. It needs subordinate self-confidence to face drastic change without inner trembling.

I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth.

It isn't the big troubles in life that require character. Anybody can rise to a crisis and face a crushing tragedy with courage, but to meet the petty hazards of the day with a laugh - I really think that requires spirit. It's the kind of character that I am going to develop. I am going to pretend that all life is just a game which I must play as skillfully and fairly as I can. If I lose, I am going to shrug my shoulders and laugh - also if I win.

Whenever you face obstacles, crises and dilemmas and your confidence is in your associates more than in God- it is a sign your faith is deteriorating.

Religion works. I know there's comfort there, a crash pad. It's something to explain the world and tell you there is something bigger than you, and it is going to be alright in the end. It works because it's comforting. I grew up believing in it, and it worked for me in whatever my little personal high school crisis was, but it didn't last for me.

The human crisis is always a crisis of understanding: what we genuinely understand we can do.

'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.

Part of the oncoming demise (of New York during its terrible fiscal crisis) is that none of us can simply believe it. We were always the best and the strongest of cities, and our people were vital to the teeth. Knock them down eight times and they would get up with that look in the eye which suggests the fight has barely begun.

No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.

The ecological crisis shows the urgency of a solidarity which embraces time and space... A greater sense of intergenerational solidarity is urgently needed. Future generations cannot be saddled with the cost of our use of common environmental resources.

The remarkable thing is that it is the crowded life that is most easily remembered. A life full of turns, achievements, disappointments, surprises, and crises is a life full of landmarks. The empty life has even its few details blurred, and cannot be remembered with certainty.

Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

Many people have turned back because they are afraid to look at things from God's perspective. The greatest spiritual crisis comes when a person has to move a little farther on in his faith than the beliefs he has already accepted.

When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity.