“Either you have a big adjustment like a 20 percent or 30 percent decline, or you have a big recession or you have a slow decline in property prices or several years of no growth.”
“This recession should have been a major wake-up call for all businesses, but those institutions deemed “too big to fail” have also been allowed to be “too big to learn.””
Thomas J. Powell
“You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.”
“A gene can be either dominant or recessive, depending on which type of gene it is.”
“Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.”
“I'm not predicting a double-dip recession, but the odds of it have gone up. Instead of 5 percent, there's maybe a 15 or 20 percent chance of it now.”
“We saw the impact of the recession in 2002 and 2003, then saw a smaller decline in 2004. But in 2005, we started to see job increases, and that's a positive sign.”
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