Quotes About Debt

Important New York banks realized that because bankers had hypothecated the Central Pacific's securities repeatedly, they were effectively worthless as collateral. It was better to strike a deal with the Central Pacific; otherwise the chain of debt would choke even more banks. Jay Gould scavenged the Union Pacific, saving it from bankruptcy and setting up what would eventually become one of his biggest financial killings.43

Such firms realize that in contrast to the concept of "terminal value" from net present value (NPV)–oriented calculations, what one has instead is "asset debt"—the investment necessary to keep all assets at competitive best in class.

Now let me get something straight: you are not in my debt. You can't be. Impossible - because I never do anything I don't want to do. Nor does anyone, but in my case I am always aware of it. So please don't invent a debt that does not exist, or before you know it you will be trying to feel gratitude - and that is the treacherous first step downward to complete moral degradation.

Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity.

A credit card is a leash around your neck. In the world of credit cards a person has no privacy…

He owes us more then that.

Women hate a debt as men a gift.

The gift was not large as money goes, and my need was not great, but the spirit of the gift is beyond price and leaves me blessed and in debt.

The Sikh gave him the money. When Menon asked for his address so that he could repay the man, the Sikh said that Menon owed the debt to any stranger who came to him in need, as long as he lived. The help came from a stranger and was to be repaid to a stranger.

Debt is a dream killer.

She cherished her spiritual books and doesn't deny the debt contracted from some of them. -- Kieran Kavanaugh regarding Teresa of Avila

Country Future Index. It's an alternative to the GNP measurement, taking into account debt, political stability, environmental health and the like. A useful cross-check on the GNP, and it helps tag countries that could use our help. We identify those, go to them and offer them a massive capital investment, plus political advice, security, whatever they need. In return we take custody of their bioinfrastructure.

The picture is perfectly clear: the entire economy is fueled not by profit, not by production, but by debt. Debt, moreover, that no one is working on paying back and that everyone needs to believe—this is the pipe dream that sustains the whole charade—will certainly be paid by future generations.

Hey Lucia, Pay up, suckah, Emma got dental with some dude.

I didn't bother to argue the point with him. "Will you tell me why Matthew owed you a debt?" "I kept a secret for him." Was I finally going to discover this connection between the two? "And that would be. . . ?" ". . . not a secret if I told you." "But he reneged." Aric's lips curled. "And yet I do not." Dead end.

If you imagine that everything is an exchange, then we're supposed to just transact and walk away. If we haven't walked away and we still have a relationship, it's because there's a debt.

If we get into the habit of thinking of ourselves as always owing a debt of love to our spouses, we will be less inclined to take offense when they say or do something that we do not like.

Time is a difficult debt to pay off. Impossible.

Even worse, greedy bosses might curtail the workers' freedom of movement through debt peonage or slavery. At the end of the Middle Ages, slavery was almost unknown in Christian Europe. During the early modern period, the rise of European capitalism went hand in hand with the rise of the Atlantic slave trade. Unrestrained market forces, rather than tyrannical kings or racist ideologues, were responsible for this calamity.

In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well-heeled go into debt buying cars and

Sapiens know these cooperative tricks well. They sometimes form power hierarchies similar to those of common chimpanzees, whereas on other occasions they cement social bonds with sex just like bonobos. Yet ... you cannot settle the Greek debt crisis by inviting Greek politicians and German bankers to either a fist fight or an orgy.

The world became more aware that America-despite being the hope of many who have the personal drive and ambition to become part of the "American dream"-is beset by serious operational challenges: a massive and growing national debt, widening social inequality, a cornucopian culture that worships materialism, a financial system given to greedy speculation, and a polarized political system

Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.

Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios, and the long legislative battles over health care reform, financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.