Collapse Quotes - Page 5

The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.

Elizabeth Warren

Zero, Night, Community

"Elizabeth Warren: Our Populist Agenda — In Her Own Words" by Roger Hickey, www.huffingtonpost.com. January 4, 2015.

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If we tried to rely entirely on reason, and pressed it hard, our lives and beliefs would collapse - a form of madness that may actually occur if the inertial force of taking the world and life for granted is somehow lost. If we lose our grip on that, reason will not give it back to us.

Thomas Nagel

Giving, World, May

Thomas Nagel (2012). “Mortal Questions”, p.20, Cambridge University Press

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The universal line of distinction between the strong and the weak is that one persists; the other hesitates, falters, trifles, and at last collapses or "caves in.

Edwin Percy Whipple

Perseverance, Strong, Caves

Edwin Percy Whipple (1866). “Character and Characteristic Men”, p.14

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The argument that the literal story of Genesis can qualify as science collapses on three major grounds: the creationists' need to invoke miracles in order to compress the events of the earth's history into the biblical span of a few thousand years; their unwillingness to abandon claims clearly disproved, including the assertion that all fossils are products of Noah's flood; and their reliance upon distortion, misquote, half-quote, and citation out of context to characterize the ideas of their opponents.

Stephen Jay Gould

Biblical, Order, Years

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Whenever the internal dialogue stops, the world collapses, and extraordinary facets of ourselves surface, as though they had been kept heavily guarded by our words.

Carlos Castaneda

Our Words, World, Surface

Carlos Castaneda (2009). “The Wheel Of Time: The Shamans Of Mexico Their Thoughts About Life De”, p.128, Simon and Schuster

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In a campaign against more than one state or army, it is more fruitful to concentrate first against the weaker partner than to attempt the overthrow of the stronger in the belief that the latter's defeat will automatically involve the collapse of the others.

B. H. Liddell Hart

Military, Army, Stronger

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An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself.

Ludwig von Mises

Philosophy, Forever, Principles

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Investigative reporting is the bone structure without which the journalistic body collapses. The Center for Public Integrity's constant and consistently enterprising investigative work is an invaluable contribution not only to journalism, but to society and to a healthy democracy

Alma Guillermoprieto

Integrity, Healthy, Democracy

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We must support government coercion over enforcing international protocols and speed limits on motorways if we want the global economy not to collapse and millions, billions of people to die.

Rowan Williams

Government, People, Support

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The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.

Ben Bernanke

Cutting, Order, Ongoing

"Helicopter Money" by Richard Duncan, www.businessinsider.com. July 1, 2011.

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When the people of a nation stop communicating, they lose the common purpose that made them great. Their cities become ghost towns. People live aimlessly because they have no cause for which they are willing to die. The cry of the populace is 'Just leave me alone'. Perhaps the ultimate hell is that the wish will be granted. It is not unlikely that our own nation will collapse not through an explosive roar, but through a deafening silence. This silence must be broken in our generation. We may never get another chance.

Jeff Myers

Cities, Common Purpose, Our Generation

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From the point of view of the economy, the sale of weapons is indistinguishable from the sale of food. When a building collapses or a plane crashes, it?s rather inconvenient from the point of view of those inside, but it?s altogether convenient for the growth of the gross national product, which sometimes ought to be called the "gross criminal product."

Eduardo Galeano

Views, Growth, Criminals

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If your theory is found to be against the second law of thermodynamics I give you no hope; there is nothing for it but to collapse in deepest humiliation.

Arthur Eddington

Law, Giving, Found

Arthur Eddington (2012). “The Nature of the Physical World: Gifford Lectures (1927)”, p.74, Cambridge University Press

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Man, wonderful man, must collapse, into nature's cauldron, he is no deity, he is no exception.

Charles Darwin

Men, Deities, Wonderful

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When the family collapses, it is the children that are usually damaged. When it happens on a massive scale, the community itself is crippled.

Lyndon B. Johnson

Family, Children, Community

Johnson, Lyndon B. (1967). “Public Papers of the Presidents of the United States: Lyndon B. Johnson, 1966”, p.639, Best Books on

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After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.

Thomas Sowell

Government, Practice, Tunes

Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.21, ReadHowYouWant.com

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For the economy itself will die if our ecosystems collapse.

Leonardo DiCaprio

Ecosystems, Economy, Climate Change

Address at the United Nations Climate Summit, delivered 23 September 2014, New York, NY

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You can't have a United States if you are telling some folks that they can't get on the train. There is a cracking point where a society collapses.

Bruce Springsteen

United States, Folks, Train

"Bruce Springsteen: 'What was done to my country was un-American'". Interview with Fiachra Gibbons, www.theguardian.com. February 17, 2012.

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...[the photographer] can be considered a kind of disembodied burrowing eye, a conspirator against time and its hammers. His work, print after print of it, seems to call to be shown before the decay which it portrays flattens all... Here are the records of the age before an imminent collapse.

Jack Kerouac

Eye, Age, Hammers

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History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.

Jim Rogers

People, Shows

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So in Jewry we recognise a contemporary universal anti-social phenomenon, which has reached its present pitch through a process of, historical development in which the Jews have zealously co-operated. And this evil anti-social aspect of Jewry has grown to a stage at which: it must necessarily collapse.

Karl Marx

Evil, Historical, Development

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In 'Birth,' I explore the nature of the new world we are approaching with my business-spiritual model, a new model for a new world. This view will enable individuals, companies and even nations to move from collapse to positive change, and bring together the spiritual and the material, giving birth to a new future.

Shari Arison

Spiritual, Moving, Views

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Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.

Seth Klarman

Stress, Government, Weather

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Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence - especially in cases in which large short-term debts need to be rolled over continuously - is the key factor that gives rise to the this-time-is-different syndrome. Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.

Carmen Reinhart

Keys, Government, Giving

"This Time Is Different: Eight Centuries of Financial Folly". Book by Carmen M. Reinhart, Kenneth S. Rogoff, 2009.

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No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

Thomas Sowell

Wall, Home, Heart

Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.42, ReadHowYouWant.com

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