A Quote by Jonathon Porritt

"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon

Jonathon Porritt

Quote Topics

Bankers Believe Beyond Caused Change Civil Climate Climate Change Continuing Depends Disappearing Disruption Economic Economic Recovery Failed Financially Food Forced Forests Greed High Horizon Learning Live Long Mass Means Migration More Oil Oil Price Oil Prices Our Perfect Perfect Storm Politicians Prices Recession Recovery Regulation Short Shortages Still Storm Than Ultimate Unfortunately Very Water Why Within

Quote Author

Jonathon Porritt
British - Environmentalist
Born: July 6, 1950

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

Austan Goolsbee

Some argue that now isn't the time to push the green agenda - that all efforts should be on preventing a serious recession. That is a false choice. It fails to recognise that climate change and our carbon reliance is part of problem - high fuel prices and food shortages due to poor crop yields compound today's financial difficulties.

Lucy Powell

Sustainability is a seemingly laudable goal - it tells us we need to live within our means, whether economic, ecological, or political - but it's insufficient for uncertain times. How can we live within our means when those very means can change, swiftly and unexpectedly, beneath us?

Jamais Cascio

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

Mark Zandi

If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've had growth; people need to know that. They need to be more upbeat, more positive.

Dan Quayle

I realized that the artists who managed to fight through this recession have a better shot at longevity than most. The recession was a test of your resolve and passion. I think as we come out of these rough times we will be more adept at survival and will have gained the skills necessary to make a long fruitful artistic career. There will still be those that fade away but we are more likely to grow and bend with the times and prosper.

Mark Edward

The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.

Bill Dedman

I think Welfare Reform did more harm than good, but one piece of good it did was it changed the attitudes of Americans. If we look at voter surveys even before the recession, the idea that people are poor because they're lazy was much stronger in the early '90s than it was even before the recession. Now with the recession, everybody knows somebody who is poor through no fault of their own. So voter attitudes are more favorable than they've been since the '60s.

David Beckmann

If oil prices will go too high, it will slow down the world economy and would trigger a global recession.

Khalid A. Al-Falih

A normal recession disrupts people's lives, but a long recession destroys them. You lose output, prosperity, family stability, self-esteem, and many other qualities on what looks to be a semi-permanent basis.