Debt Quotes
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Praise will come to those whose kindness leaves you without debt.
Neil Finn
Fleetwood Mac
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The best way for the Government to maintain its credit is to pay as it goes-not by resorting to loans, but by keeping out of debt-through an adequate income secured by a system of taxation, external or internal, or both.
William McKinley
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The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.
Carmen Reinhart
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We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.
Nicholas von Hoffman
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Now a promise made is a debt unpaid, and the trail has its own stern code.
Robert W. Service
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What is certainly clear is that again and again, countries, banks, individuals, and firms take on excessive debt in good times without enough awareness of the risks that will follow when the inevitable recession hits.
Carmen Reinhart
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To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.
George Bernard Shaw
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Debt rolls a man over and over, binding him hand and foot, and letting him hang upon the fatal mesh until the long-legged interest devours him.
Henry Ward Beecher
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The economy needs a stimulus. We MUST borrow. The notion of debt as a sin or something evil should be reviewed.
Babatunde Fashola
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Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard Lietaer
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It would be a very odd chancellor of any UK government that insisted on a course of action that cost their own businesses hundreds of millions of pounds, that blew a massive hole in their balance of payments and, because assets and liabilities go hand in hand, would potentially leave the rest of the UK shouldering the entirety of UK debt.
Nicola Sturgeon
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In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the debt of a euro-area member. I consider it unthinkable that a euro-area country would default.
Athanasios Orphanides
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The young women of today, free to study, to speak, to write, to choose their occupation, should remember that every inch of this freedom was bought for them at a great price. It is for them to show their gratitude by helping onward the reforms of their own times, by spreading the light of freedom and of truth still wider. The debt that each generation owes to the past it must pay to the future.
Abigail Scott Duniway
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I now find peace in the realization that countless potential masterpieces happen each moment the world over and go unphotographed. The world owes a great debt to all those who have, from a state of exceptional awareness, preserved stillness for us to hold.
Dan Winters
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One of the better ways to simplify our lives is to follow the counsel we have so often received to live within our income, stay out of debt, and save for a rainy day. We should practice and increase our habits of thrift, industry, economy, and frugality. Members of a well-managed family do not pay interest; they earn it.
L. Tom Perry
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In truth, money is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish.
G. Edward Griffin
