Quotes About Debt

In the early 1980s, the government of New Zealand fell into the hands of true believers, globalist believers, and they embraced the theory of inevitability perhaps more completely than anybody else. And it solved in the very short term some of their debt problems, but in the medium- and long-term, it left them in real economic trouble.

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.

Any politician that says no tax revenue or zero spending cuts does not deserve reelection. Our hole is so deep in this country with the debt and the debt service, the interest on that debt, before the big expenses come for Social Security and Medicare - for we baby boomers in a few years - that everything has to be on the table.

I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.

Greece is a medium-sized country in Europe. Our debt accounts for only 2.5 percent of the total of all members of the euro zone.

In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent.

Debt is a bottomless sea.

Borrowing from Peter to pay Paul.

The borrower is servant to die lender.

A church debt is the devil's salary.

Owe no man anything.

A national debt, if it is not excessive, will be to us a national blessing.

Every one that was in distress, and every one that was in debt, and every one that was discontented, gathered themselves unto him; and he became a captain over them.

People may live as much retired from the world as they please; but sooner or later, before they are aware, they will find themselves debtor or creditor to somebody.

He who receives a benefit with gratitude repays the first installment on his debt.

The best way to keep your friends is to never owe them anything and never lend them anything.

My debt to you, Beloved, Is one I cannot pay In any coin of any realm On any reckoning day.

For a long time it seemed to me that real life was about to begin, but there was always some obstacle in the way. Something had to be got through first, some unfinished business; time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life.

Career politicians in D.C. have shirked their responsibility to us for decades. At every turn, they've kicked the can down the road, pushing the burdens of our problems and our debts onto our children and grandchildren.

The early part of my career I really struggled, getting turned down again and again. I was in debt, and it was horrible. And then my family hit such highs in their careers, I asked myself what I was thinking going into the same profession.

An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.

When I was born I owed twelve dollars.

Be modest in your wants...There is nothing that will cause greater tensions in marriage than grinding debt, which will make of you a slave to your creditors.