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The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.
Ben Bernanke
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"The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007."
— Ben Bernanke #moneywealth

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The stress on the financial system in the fall of 2007 was significant, but not so significant…

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The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007. — Ben Bernanke

About Ben Bernanke

Ben Bernanke was a Public Servant from United States (1953–present).

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Frequently Asked Questions

Who said "The stress on the financial system in the fall of 2007 was significant, but not…"?
This quote is attributed to Ben Bernanke, a Public Servant from United States.
When did Ben Bernanke live?
Ben Bernanke lived from 1953 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.