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" Confrontational things, admission of error, admission of defeat, restructuring, laying people off - those are not American ideals. "
Wilbur Ross
Things
Defeat
American
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" Absent some international interruption, there's no real justification for oil being more than $90 or $100 a barrel. "
Wilbur Ross
Justification
Some
Real
" I think what we have to do is figure out how to make sure we get the benefits of improved technology and yet cope with the dislocation that it will inevitably produce in certain industries. "
Wilbur Ross
Think
Will
Benefits
" I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners. "
Wilbur Ross
Serious
I See
Myself
" It's important to have a sound idea, but the really important thing is the implementation. "
Wilbur Ross
Sound
Important
Implementation
" To me, the most terrifying form of warfare would be if there was some simultaneous cyber attack on our grid, on the banking system, and on our transportation system. That would be quite a devastating thing, and yet in theory, absent some real protective measures, that could happen. "
Wilbur Ross
Cyber
Transportation
Me
" The problem with regional trade agreements is you get picked apart by the first country. Then you negotiate with the second country. You get picked apart. And you go with the third one. You get picked apart again. "
Wilbur Ross
Trade
You
Country
" Part of the reason why I'm supporting Trump is that I think we need a more radical, new approach to government - at least in the U.S. - from what we've had before. "
Wilbur Ross
Need
Why
Reason
" I am not anti-trade. I am pro-trade. But I am pro-sensible trade. "
Wilbur Ross
Trade
Am
I Am
" We are the world's biggest importer. We need to treat the other countries as good suppliers. "
Wilbur Ross
Good
Biggest
Other
" I think it's natural for any manager to want to grow his business. The question is at what rate, and in what direction, and in what format? "
Wilbur Ross
Grow
Business
Think
" There's trade, there's sensible trade, and there's dumb trade. "
Wilbur Ross
Sensible
Dumb
Trade
" Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things. "
Wilbur Ross
Things
Banking
World
" A company not under sanction is just like any other company, period. "
Wilbur Ross
Like
Other
Period
" Hillary Clinton can't tell a good trade deal from bad one. "
Wilbur Ross
Bad One
Bad
Trade
" I think there's a big difference between the impact of trade agreements on corporate America and the impact on Mr. and Mrs. America. Corporate America has adjusted to them by investing lots of capital offshore... What we're doing is we're exporting jobs and importing products instead of exporting products and keeping jobs. "
Wilbur Ross
America
Trade
Think
" In many critical things, such as the very high purity of the aluminium we need in aerospace, we only have one producer. That's not a good formula. "
Wilbur Ross
Only
Good
High
" Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities. "
Wilbur Ross
Individual
Strange
Big
" I believe if we and the Mexicans make a very sensible trade agreement, the Mexican peso will recover quite a lot. "
Wilbur Ross
Mexican
Believe
Will
" Shale gas, if left to flourish, could create several hundred thousand more jobs. "
Wilbur Ross
Gas
Thousand
More
" The way we'll get more jobs is by creating new industries, new companies, businesses that are higher tech and therefore can compete. "
Wilbur Ross
Creating
Way
More
" If trade deficits are good, why is China so pleased that they run a huge trade surplus? It's perfectly obvious that if China hadn't been such a huge net-exporter, it never would have grown at the rate that it did. "
Wilbur Ross
Good
China
Never
" If you add up all the promises any politician makes, the math doesn't work. Hillary Clinton's math doesn't work; Donald's math probably doesn't work. I think you have to listen to their campaign pitches more as symbolic, more as metaphors. "
Wilbur Ross
Think
Promises
More
" If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America. "
Wilbur Ross
Class
Want
America
" My wife Hillary sometimes accuses me of trying to reinvent the 19th century. In some ways she's right because I like things that I can understand and that aren't too complicated. "
Wilbur Ross
I Can
Wife
Sometimes
" Many of the smaller banks have had to get to the point where they now have more compliance people than they have lending offices. That's crazy. "
Wilbur Ross
Crazy
Compliance
More
" Barring some national security concern, I see no valid reason to keep peer-reviewed research from the public. To be clear, by 'peer review,' I mean scientific review and not a political filter. "
Wilbur Ross
Political
See
Research
" Enforcement is a very important part of the administration strategy. We think that even our friendly nations should live by the rules, and if they don't, we will intend to enforce things against them. "
Wilbur Ross
Strategy
Important
Live
" There isn't a bank in the world that could withstand a run. They all borrow short and lend long, regardless of what they say. "
Wilbur Ross
Short
They Say
World
" The reality is if something were to happen that cost China jobs - like, if they upwardly revalued the currency a lot - those jobs aren't going to come back to the U.S. They would go to Vietnam; they would go to Thailand. They would go to whatever country was the lowest cost. "
Wilbur Ross
Currency
Country
Back
" I think at the end of the day, the real sick man of Europe is liable to turn out to be France, not Greece, not Portugal, not Spain, not Italy. The reason is France is very uncompetitive to begin with on a global scale, and the measures that Hollande has been putting in have been very, very negative from the point of view of economic growth. "
Wilbur Ross
Day
End
Growth