?China has more dry gunpowder than just about anyone in the world. But it now looks like the soft landing is turning into a hard landing,? said John Brynjolfson, managing director of hedge fund Armored Wolf.
?Here come the helicopters once again,? said Austan Goolsbee, former chairman of the council of economic advisors.
?From day one the euro has not really worked. The problem is that it is creating a huge degree of lack of competitiveness because their culture is different,? said former Federal Reserve chairman, Alan Greenspan.
?I will believe that corporations are people only when the states of Texas and Alabama start executing them,? said former Secretary of Labor, Robert Reich.
?If there is no monetary stimulus and no fiscal stimulus, obviously we are going to continue to grow slowly. We could be in secularly slow growth for decades,? said Harvard economics professor, Ken Rogoff.
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?What?s going on with Facebook? We had better IPO standards when Don Draper was on the scene,? said Sallie Krawcheck, former head of wealth management at Merrill Lynch.
?A lot of new economics involves the reading of a lot of old books,? said Nobel Prize winning economist Paul Krugman.
?Europe has been diagnosed with cancer and they are attempting to treat it with massage, yoga, and carrot juice. If they go into recession, that affects us,? said Michael Farr of Farr, Miller, & Washington.
?I would love it if they only allowed me and a whole bunch of psychotic drunks to trade in stocks. I would get very rich,? said Oracle of Omaha, Warren Buffett, about the European debt crisis.
?Green pictures of dead presidents suddenly have a lot of appeal,? said Art Cashin of UBS Securities.
