Quotes About Debt

It shows nobility to be willing to increase your debt to a man to whom you already owe much.

The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and ontrolled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high.

I'm the finance minister of a bankrupt country!

If it isn't the sheriff, it's the finance company; I've got more attachments on me than a vacuum cleaner.

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

I used to have insecurity about my finances, then I announced that I had debt, and now I don't have any insecurities.

America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.

By making this wine known to the public, I have rendered my country as great a service as if I had enabled it to pay back the national debt.

When you forgive, that means you absorb the loss and the debt. You bear it yourself. All forgiveness, then, is costly.

Forgiveness is simply a decision to cancel a debt.

Pay off your debt first. Freedom from debt is worth more than any amount you can earn.

Choice depends on the freedom to choose and if you are shackled with debt you don't have the freedom to choose.

I never had credit card debt... I was very much about trying to gain my freedom, so it was about saving.

He that dies pays all debts

The best way to make somebody remember you, borrow money from them.

Dear Mario, I wasted my childhood trying to save your girlfriend. You owe me.

Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.

Nothing belongs to us, not even ourselves. But the exchange rate is unbelievable. All of our sin is transferred to Christ's account, and all of His righteousness is transferred to our account. God cancels our debt, writes us into His will, and calls it even!

In general, the deployment of austerity as economic policy has been as effective in bringing us peace, prosperity, and crucially, a sustained reduction of debt, as the Mongol Golden Horde was in furthering the development of Olympic dressage.

What actually happened in Europe was that over the decade of the introduction of the euro, very large core-country European banks bought lots of peripheral sovereign debt (which is now worth much less) and levered up (reduced their equity and increased their debt to make more profits) far more than their American cousins.

What begins as a banking crisis ends with a banking crisis, even if it goes through the states' accounts.

First of all, let's establish something. If the United States ever gets to the point that it cannot roll over its debt, the supposed big fear, we can safely assume that all other sovereign debt alternatives are already dead.

Banking bubbles and busts cause sovereign debt crises.