Get QuoteDark Inspirational Quotes App

" 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

Related Quotes:

" It's important to have a sound idea, but the really important thing is the implementation. "

" Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities. "

" Absent some international interruption, there's no real justification for oil being more than $90 or $100 a barrel. "

" Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things. "

" NAFTA is an ancient treaty. "

" The one term I don't like to be called is a 'vulture.' Because to me, a vulture is a kind of asset-stripper that eats dead flesh off the bones of a dead creature. Our bird should be the phoenix, the bird that reinvents itself, recreates itself from its ashes. And that's much closer to what it is that we really do. "

Wilbur Ross

Phoenix

Kind

" If you add up all the promises any politicians makes, the math doesn't work. "

" I am not anti-trade. I am pro-trade. But I am pro-sensible trade. "

Wilbur Ross

Trade

I Am

" 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. "

" The whole idea of a trade deal is to build a fence around participants inside and give them an advantage over the outside. So there's a conceptual flaw in that, one of many conceptual flaws in NAFTA. "

" China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice. "

" There's trade, there's sensible trade, and there's dumb trade. "

" The E.U., China, and Japan all talk free trade, and they all practice protectionism. "

" Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon. "

" We're in a trade war. We've been in a trade war for decades. That's why we have the deficit. "

" 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. "

" 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. "

" The fact that you're successful doesn't mean that you can't relate to working people. "

" Believe it or not, Mexico has better treaties with the rest of the world than the Unites States does. "

" We are the world's biggest importer. We need to treat the other countries as good suppliers. "

" I still like TIPS (Treasury inflation-protected securities), and I think a big opportunity is coming in the municipal bond market. "

Wilbur Ross

Think

Opportunity

" Shipping has a great oversupply of vessels that came from over-ordering a few years back. We think 2014 may be when it turns around. "

" 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. "

" If people know you have the big bazooka, you probably don't have to use it. "

" My obligation is to disclose companies in which I'm an officer, a director, or an investor. "

" If you think about it: a big bank in any country, what is it? Really, as an investment, it's a warrant on economy. "

" 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. "

" Each weekend I play at least one and maybe two sets of tennis a day. My doubles team was in the finals recently at my tennis club in Palm Beach and lost a tiebreaker after a three-hour match. I must confess, by the end of the three hours, I was relieved it was over. "

" The E.U. is one of our largest trading partners, and any negotiations legally must be conducted at the E.U. level and not with individual nations. "

" 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. "