?You can?t keep on firing people. We?ve gotten so mean and so lean that you naturally get to the point where there are fewer people to let go,? said Steve Ricchiuto, chief economist at Mizuho Securities.
?2012 will be the third year of living dangerously,? said Ed Yardeni of Yardeni? Research.
?Housing in terms of price has put in a real bottom. I?m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price on a national basis,? said Josh Brown, a real estate analyst.
?I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,? said Austin Goolsby, former chairman of the Council of Economic Advisors.
?The days of leading companies or countries via a one-way conversation are over. The old system of ?command and control? ? using carrots and sticks --to exert power over people is fast being replaced by ?connect and collaborate?,? said author Dov Siedman.
?If You?ve lived long enough on Wall Street, you know that we shoot our wounded and eat our young,? said Brad Hintz, an analyst with Sandford Bernstein.
?At some point in 2012, knuckles are going to be turning white, and we?ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat," said David Rosenberg of Gluskin, Sheff in Associates
We have been pretending that we?re too big to fail. We?re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It?s the sudden stop at the end that tells you you?re not.? said Tom Friedman, New York Times columnist and author of Hot, Flat and Crowded.
?To get rich is glorious!? said Deng Xiaoping, the Chinese general who launched the country?s modern economy in the seventies.
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