Debt Quotes
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Giving debt relief to people that really need it, that's what foreclosure is.
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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.
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Bubbles are far more dangerous when they are fueled by debt, as in the case of the global housing price explosion of the early 2000s.
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To one bent on age, death will come as a release. I feel this quite strongly now that I have grown old myself and have come to regard death like an old debt, at long last to be discharged.
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Whenever we can, we tend to use debt to fund deals, as Aspen is very cash generative, so it doesn't make sense to issue equity. Over time, we can eliminate debt.
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The only frontier now left to exploit is not a frontier in space but a frontier in time. We steal the future from our children by plunging massively deeper and deeper into debt.
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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.
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Everybody in Vanity Fair must have remarked how well those live who are comfortably and thoroughly in debt; how they deny themselves nothing; how jolly and easy they are in their minds.
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Bicycle Thief is a triumphant discovery of the fundamentals of cinema, and De Sica has openly acknowledged his debt to Chaplin.
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Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can speculate on.
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If you're considering going into student debt, I encourage you to seek the Lord's will through the reading and study of His Word, prayer, and the wise counsel of others before you make the decision to take out a loan.
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Praise will come to those whose kindness leaves you without debt.
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We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.
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Nature holds an immense uncollected debt over every man's head.
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The spirit in which a thing is given determines that in which the debt is acknowledged; it's the intention, not the face-value of the gift, that's weighed.
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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.
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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.
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As long as one makes some kind of conscious state, whether a “passive sensation” or an “apprehended”, come before reality, one will remain more or less in debt to the idealist method. The realist method pursues an exactly opposite course. Every given reality implies the thought which apprehends it. Therefore being is the condition of knowing; knowing is not the condition of being. When this has been established, another step in the direction of metaphysics can be taken.
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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.
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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.
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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.
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From my point of view it's impossible to cut debt in a country with new debt from another country.
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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.
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This is a very connected, tolerant, creative generation, but a lot of them feel really constrained because they've got this big debt.
