A Quote by Frans Timmermans

If you look at European societies since the financial crisis began in 2008, with very, very few exceptions, the differences between rich and poor have increased, and sometimes hugely.

Frans Timmermans

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Frans Timmermans
Dutch - Politician
Born: May 6, 1961

During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.

Thomas Frank

As recognized since ancient times, the coexistence of very rich and very poor leads to two possibilities, neither a happy one. The rich can rule alone, disenfranchising or even enslaving the poor, or the poor can rise up and confiscate the wealth of the rich.

Angus Deaton

Europe has, to put it mildly, been in a poor state since the transition to the 21st century. This is down to national issues, European missteps, and an economic and financial crisis that crashed down on us with enough force to dislodge the essential European idea.

Helmut Kohl

The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.

John H. Makin

The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.

Taavet Hinrikus

You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.

Austan Goolsbee

Sometimes you hear in the United States that in Columbia there is a war between rich and poor, between people that are defending the poor and the rich.

Ingrid Betancourt

Manila is a city of extremes. The poor are very poor and the rich very rich. A constant reminder to the rich that there is another side to life.

Arlene J. Chai

While a few poor countries are catching up with the rich world, the differences between the richest and poorest individuals around the globe are huge and likely growing.

Zygmunt Bauman

The very rich, very poor, and the very famous get the worst medical care. The very rich can buy it, the very poor can't get any, and the very famous can dictate it.

Debbie Rowe

Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.

James L. Petigru

American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?

Aubrey McClendon

In real terms, there is a greater disparity of earnings between the very rich and the very poor.

Ferdinand Mount

The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.

Gary Weiss

It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident.

Charles Ferguson

The United States is much further along because its financial crisis struck three years before Europe's, in 2008, causing headwinds that have pressured it ever since.

Roger Altman

A Quote by Frans Timmermans

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