Quotes About Debt

The country's already got a two billion dollar debt. Say that over and see if you can sense it. Not millions . . . two billions. I doubt if the country'll ever take on a load like that again once it's settled.

The rich rule over the poor, and the borrower is slave to the lender.

When a man is in love or in debt, someone else has the advantage.

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren't so exciting.

who love God but spend more than what God has chosen to provide. They incur large amounts of debt and experience the shame and pressure that accompanies it. And they wind up feeling overwhelmed.

People go into debt when they judge it beneficial to borrow money against their future earnings. Few can afford to buy a house outright, but many consider it worthwhile to take out a loan, which they will service and pay off over time, for the immediate privilege of living and investing in a house.

It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.

Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger.

When I was boxing I made five million and wound up broke, owing the government a million.

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

I did go to an MFA program, at Bowling Green State University in Ohio. For me, it worked perfectly. It was a small program. They only take five fiction writers a year, and they fund all of us - you don't go into debt to get an MFA. It's not like getting an MBA - you're not going to buy yourself out.

Since, therefore, individuals as well as the public are so indebted to these writers for the benefits they enjoy, I think them not only entitled to the honour of palms and crowns, but even to be numbered among the gods.

Yet how much really could you owe other people? Was it endless?

Tough decisions have to be made to close our fiscal gap, stabilise our debt, and restore our state-owned enterprises to health.

Liberty never had to file bankruptcy, thanks to God's blessings, but we did go through tough times and painful debt restructuring in the 1990s.

I have worked long and hard to try to reduce my debts, and I am devastated that it came to this conclusion. I now intend to focus on the remaining dates of the Westlife tour and my commitments to the band before looking to rebuild a future for my wife, my three children and myself.

I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.

Everyone in our society has had to make a contribution towards dealing with the debts.

The debt ceiling is not something to toy with.

The marathon is all about energy management. I had planned to run it like a track race with strategic surges to blow up my competitors by putting them into oxygen debt, so that is the way I prepared.

As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers of poor choices in the public as well as the private sphere.

The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.

As the founder and former chief executive of two publicly traded companies, I have had a great deal of exposure to how debt markets work.