Quotes About Debt

5G, so-called aid packages that create debt traps for nations receiving such aid, and a sophisticated concept known as the "Three Warfares" that combines media, psychological, and legal system operations.

Punishing and imprisoning the poor is the distinctively American response to poverty in the twenty-first century. Workers who cannot pay their debts, those who cannot afford private probation services, minorities targeted for traffic infractions, the homeless, the mentally ill, fathers who cannot pay child support and many others are all locked up. Mass incarceration is used to make social problems temporarily invisible and to create the mirage of something having been done.

The crash of 2008 ought to have thrown a bucket of cold water over the excited futurologists. Open societies suffered far more than closed regimes. A member of the Central Committee of the Chinese Communist Party was entitled to wonder why Americans were telling him he must allow free speech when China was booming and the First Amendment had not stopped debt-laden America going through a deep recession.

It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.

Niente è più bello che essere in tutto debitori soltanto a se stessi.

was the idyllic fantasy of Europeans fed up with the world they had. They saw this new Garden of Eden as a gift from God. One that offered escape from the problems that plagued them—hopelessness, debt, religious oppression. Escape too from the responsibility of rebuilding a system that was fundamentally flawed. Flee, don't fix.

too much debt is not a permanent state of being for those willing to invest in themselves and change their circumstances.

These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, but debt is the money of slaves.

What about our looming financial crises? Innovation can solve many problems, but it won't erase unsustainable debt. We have borrowed our way to prosperity with no exit strategy. Loans secured with home equity and other assets lifted consumption in the 2000s as income growth slowed. Dimming prospects of repayment did not deter lenders who preyed on increasingly desperate consumers and homeowners. Behavior that fueled the 2008 financial bubble and bust will persist, but on steroids.

When the debt bills come due, governments have no good options. The kinds of harsh remedies available—devaluing currencies and cutting off the social safety net, for example—often lead to all manner of unintended consequences, including market crashes, authoritarian populism, and even the quiet sale of missile and nuclear technologies to the highest rogue bidders.

The coming tsunami will not spare China, where credit-fueled economic growth has built a Himalayan mountain of debt, about 330 percent of GDP.

Borrowing to invest can make good sense as long as the return on the investment is higher than the cost of financing it. Borrowing to consume, on the other hand, uses debt to plug recurring bills or deficits that operating income should cover. Experience teaches prudent public and private borrowers a golden rule: borrow to invest, not to consume.

These economies featured high savings and prudent fiscal authorities. Dubbed the Asian Tigers, South Korea, Malaysia, Indonesia, and Thailand were touted as models of economic transformation. They nurtured a cadre of dynamic companies with global reach—but as it turned out, those companies were fueling their own growth with massive levels of debt, often in foreign currency. Private debt can be just as destructive, if not more so, than public debt.

Recall the 1970s, a decade that featured bubbles, busts, an end to the global gold exchange standard, devaluation of the dollar, mounting debt, risky financial innovation, monetary and fiscal experimentation, and oil supply shocks driven by geopolitical shocks. It all culminated in double-digit inflation, stubborn unemployment, and persistent recession. That is the corrosive condition known as stagflation, or stagnation with inflation.

That's an old company-town trick—get people into debt, hang on to them, and work them harder. Debt slavery.

A story that must be told never forgives silence. Speech is the mouth's debt to a story

Debt on anything that depreciates is disastrous. #financialfitness

It is only by not paying one's bills that one can hope to live in the memory of the commercial classes.

Paul felt a debt of service to that person until he did come to know Him. But the chief motivation behind Paul's service was not love for others but love for his Lord. If our devotion is to the cause of humanity, we will be quickly defeated and brokenhearted, since we will often be confronted with a great deal of ingratitude from other people. But if we are motivated by our love for God, no amount of ingratitude will be able to hinder us from serving one another.

As a saint, my life's spiritual honor and duty is to fulfill my debt to Christ in relation to these lost souls.

Young men starting in life should avoid running into debt.

conforme España, mal gobernada, continuamente en guerra, endeudada y empobrecida, trataba de reponerse del gran trauma de la derrota de su Armada Invencible frente a los ingleses en 1588.

país dominado por las deudas, el analfabetismo, el clero, los agiotistas y los militares.