A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are.
Sentiment: NEGATIVE
Crises are part of life. Everybody has to face them, and it doesn't make any difference what the crisis is.
The biggest potential and actual crises of the 21st century all have a strong, long, slow aspect with a significant lag between cause and effect. We have to train ourselves to be thinking in terms of longer-term results.
If there's been a crisis in a market, you don't tend to have a new crisis in that market until the people who went through the last crisis aren't in the system anymore.
Historical experience shows that a crisis causes either a recovery or catastrophic consequences.
I think to adequately manage a crisis, you have to see it. Because there's only so much somebody else can tell you about it, and they impose their own distortions on the description. You need to see it yourself.
Crisis and pressure help foster change - that's why I'm not so pessimistic towards crises.
When everything is going well, the role of the state in the economy should be limited. When we are in a crisis, it's different.
Crises are harbingers of evolution.
The main thing during a crisis is discipline, to begin investing in time again after the crisis subsides.
Successful people recognize crisis as a time for change - from lesser to greater, smaller to bigger.