Quotes About Boom And Bust

#1. The Government's first priority on coming to office was to secure long-term economic stability and put an end to the damaging cycle of boom and bust.

Alan Johnson

#2. Between 1857 and 1929, while regulators largely stood idle, the American economy swung through 19 national boom-and-bust gyrations that sometimes threatened to wipe out whole industries within months.

Charles Duhigg

#3. Britain does not want a return to boom and bust.

Gordon Brown

#4. All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.

Fred Wilson

#5. Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt.

Philip Hammond

#6. I wonder, sometimes, whether men and women in fact are capable of learning from history
whether we progress from one stage to the next in an upward course or whether we just ride the cycles of boom and bust, war and peace, ascent and decline.

Barack Obama

#7. I think the dot-com boom and bust represented the end of the beginning. The industry is more mature today.

Carly Fiorina

#8. As I said, there are two approaches-first, a strong economy, stability and helping families or, secondly, the Tory cuts, the undermining of stability, and a return to the boom and bust of the 1990s.

Alistair Darling

#9. In falling markets, there is nothing that has not happened before. The bear or pessimist sees only the past, which imprisons the wretched financial soul in eternal circles of boom and bust and boom again.

James Buchan

#10. Indeed, Britain was set to repeat the old, familiar cycle of boom and bust. Since then, we have created and rigorously adhered to a new framework of modern economic management

Gordon Brown

#11. The British economy of the future must be built not on the shifting sands of boom and bust, but on the bedrock of prudent and wise economic management for the long term. It is only these firm foundations that we can raise Britain's underlying economic performance.

Gordon Brown

#12. The first big choice: a government with the strength to deliver stability, or a government that takes the country back to boom and bust.

Tony Blair

#13. Examine the legacy that we inherited and what we did. We had boom-and-bust economics and a doubled national debt.

Tony Blair

#14. A city built on rivers and bituminous coal, Pittsburgh in the '90s has survived the boom and bust years.

Bill Dedman

#15. History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust.

Rachel Nichols

#16. 'The Victorian Internet' is a must read for anyone interested in the history of technology and in the cycles of hype, boom, and bust that seem to only quicken with each new wave of innovation. Highly recommended.

John Battelle

#17. Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust.

Gordon Brown

#18. Under this Government, Britain will not return to the boom and bust of the past.

Gordon Brown

#19. Labour economic stability has replaced Tory boom and bust

John Prescott

#20. There are lots of cycles to markets - boom and bust - and also in perceptions of people. The conventional wisdom of Steve Case as genius or fool was highly cyclical. The truth was always in the middle.

Steve Case

#21. On top of that, we have a healthy and stable economy and an end to the boom and bust that characterised the Tory years.

Alistair Darling

#22. As 'Austrian' business cycle theory has pointed out, any bank credit inflation sets up conditions for boom-and-bust; there is no need for prices actually to rise.

Murray Rothbard

#23. As boom- and bust-prone as high finance always has been and remains, the greatest systemic risk to our economy is not Wall Street It's the growing federal debt (and weakening dollar) being enacted by those Washington politicians - the ones who want to protect us from Wall Street.

Tony Blankley

#24. Gordon Brown promised to abolish boom and bust. He has kept half his promise.

William Hague

#25. Moreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and bust ... Under this Government, there is an entirely new framework for economic management in place

Tony Blair

#26. Boom and bust is a term that applied to the Conservative years and two of the worst recessions in history

Gordon Brown

#27. America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.

Elizabeth Warren

#28. The 20th Century approach to economics, resource depletion and over-consumption means we boom and bust until we bust more than we boom; that is precisely what is happening. In a low growth economy, the true meaning of resource efficiency in business and in everything we do is essential

Phil Harding

#29. Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability

Gordon Brown

#30. In 1997, we faced daunting challenges. Boom and bust economics ... Now, for all that remains to be done, dwell for a moment on what has been achieved.

Tony Blair

#31. As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.

George Soros

#32. If we want to contrast what we have done in the past few years on delivery with what the right hon. and learned Gentleman delivered, let us remember the interest rates at 10 per cent. to 15 per cent., the 1.5 million fewer people in work, the boom and the bust and the borrowing at 8 per cent.

Tony Blair

#33. Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.

Mark Skousen

#34. So Pabrai added the following checkpoint to his list: when analysing a company, stop and confirm that you've asked yourself whether the revenues might be overstated or understated due to boom or bust conditions.

Atul Gawande

#35. Having lived in Florida for as long as you did as well, Jeb Bush has never really been that great of a politician. He's benefited from a lot of good luck.He torched his own campaign in '94, he had a weak Democratic opponent in '98, he benefited from the Clinton boom and got out before the Bush bust.

Joy-Ann Reid

#36. Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.

Peter D. Schiff