A Quote by Nouriel Roubini

The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one. — © Nouriel Roubini
The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.
Wall Street has played a role in everyone's life, and it has been vilified by everyone, but I think that the average trader didn't have a sense of what was coming. The culture is so vacuous, it's possible to come to it straight out of college and never have a real adult life, even if you have the wife and kids.
In my first book, 'Ghosts Of Manhattan,' the setting was Wall Street, and I explored the predictable nature of a bond trader inside the compensation scheme at Bear Stearns and the government regulations of Wall Street. That was about money.
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.
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
The two reasons that Bernie Sanders gave her fits was the Iraq War and her association with Wall Street. Wall Street owns Hillary Clinton. Wall Street has bought Hillary Clinton and whatever policy considerations she can give them if she gets elected. They have bought her already. That's what all the speech income is really all about.
I don't agree with Bernie Sanders that the banks should be broken up at this point. But Hillary Clinton's acceptance of huge contributions from Goldman Sachs and others... And we don't debate what Clinton has done. She has a public record. She's been Secretary of State. She's basically a candidate of Wall Street, for Wall Street.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
Wall Street excesses helped lead to the Great Recession.
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.
Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak.
Wall Street is in trouble because Main Street is broke.
Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.
Trump has the courage to stand up to Wall Street, to the K Street lobbyists, and say our trade deals have not been best for the ordinary, average citizen American.
You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.
No man can control Wall Street. Wall Street is like the ocean. No man can govern it. It is too vast. Wall Street is full of eddies and currents. The thing to do is to watch them, to exercise a little common sense, and … to come out on top.
We ought to say, "Occupy Wall Street, not Iraq," "Occupy Wall Street, not Afghanistan," "Occupy Wall Street, not Palestine." The two need to be put together. Otherwise people might not read the signs.
This site uses cookies to ensure you get the best experience. More info...
Got it!