THE YEAR IN REVIEW: He says, she says. Top sound bites from 2019
Here's a run-down of 10 key quotes from some of the world’s most influential people in 2019
In a year marked by exuberant stock markets, the US/China trade war, the transformation of the fight against climate change into a climate emergency and the twists and turns of Brexit, here are some of 2019’s sound bites from some of the most influential people both in and outside of the financial world.
“We are in the beginning of a mass extinction. And all you can talk about is money and fairy tales of eternal economic growth. How dare you.” – Greta Thunberg, climate activist.
“I will just say I’m a card-carrying capitalist, and I believe we wouldn’t be sitting here except for the market system and the rule of law.” – Warren Buffett, investor
“This is the most prosperous economy the world has ever seen and it’s going to be a very prosperous economy for the next 100 years.” – Jamie Dimon, JPMorgan CEO
“The Euro is dropping against the Dollar 'like crazy,' giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.” – Donald Trump, US president, via Twitter
“Companies that don’t adapt (to the climate crisis) – including companies in the financial system – will go bankrupt without question.” – Mark Carney, Bank of England governor
“I was born during the Holocene – the name given to the 12,000-year period of climatic stability that allowed humans to settle, farm and create civilisations. Those conditions fostered our unique minds, giving rise to international trade in ideas as well as goods making us the globally-connected species we are today. Now in the space of one human lifetime – indeed in the space of my lifetime all that has changed. The Holocene has ended. The Garden of Eden is no more.” – David Attenborough, naturalist and broadcaster
“To put it bluntly: Third-party sellers are kicking our first-party butt. Badly.” – Jeff Bezos, Amazon founder
"Today we see something very different and far more sinister. Nihilistic forces are dismantling policies to protect our air, water, and climate. And they seek to discredit the pillars of our democracy: voting rights and fair elections, the rule of law, the free press, the separation of powers, the belief in science, and the concept of truth itself," – Paul Volcker, former US Federal Reserve chairman
“The future is private.” – Mark Zuckerberg, Facebook founder
“Profits are in no way inconsistent with purpose – in fact, profits and purpose are inextricably linked. Profits are essential if a company is to effectively serve all of its stakeholders over time – not only shareholders, but also employees, customers, and communities. Similarly, when a company truly understands and expresses its purpose, it functions with the focus and strategic discipline that drive long-term profitability. Purpose unifies management, employees, and communities. It drives ethical behaviour and creates an essential check on actions that go against the best interests of stakeholders.” – Larry Fink, BlackRock chief executive officer