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Quotes About Default

The challenge is that many believe heaven is the default destination when, in fact, the opposite is true.
~ Craig Groeschel
I had grown up during Vietnam. I had no connections to the U.S. military, and I had a pretty cynical default opinion about the U.S. military.
~ Sebastian Junger
The Prime Minister was told by his economic advisors that India was about to default on its debt repayments. India will never default, announced Chandrashekhar and pledged part of the country's gold reserves to cover the debt.
~ Unknown
If India is computer, Congress is its default program.
~ Rahul Gandhi
I'm convinced that Type I is the natural state—the default setting—for most human beings. By contrast, Type X behavior is something people learn through their experiences
~ Daniel H. Pink
But the more you consider and practice this approach, the more natural and automatic it will become to offer a quick assessment and respond with an intentional response. It can even become your default, your go-to. With practice, these questions can help you remain intentional and receptive in the face of previously reaction-inducing interactions.
~ Daniel J. Siegel
Argentina is in a virtual, hidden default.
~ Alberto Fernandez
If you default on your Visa bill, nobody comes to repossess your refrigerator or auction off your shoes. The biggest penalty you'll face is trouble getting future credit.
~ Virginia Postrel
The truth is, if I do miraculously manage to put the right words together, it's by default, because I've already used up all the wrong ones.
~ Jodi Picoult
If an EHM is completely successful, the loans are so large that the debtor is forced to default on its payments after a few years. When this happens, then like the Mafia we demand our pound of flesh. This often includes one or more of the following: control over United Nations votes, the installation of military bases, or access to precious resources such as oil or the Panama Canal. Of course, the debtor still owes us the money—and another country is added to our global empire.
~ John Perkins
These companies reap huge profits, a few local elite business owners benefit from the improved infrastructure, and everyone else suffers because funds are diverted from health services, education, and other public sectors to pay interest on the loans. The debts are so large they can't be repaid. The lower-income countries default on their loans. This process is sometimes referred to as debt-trap diplomacy.
~ John Perkins
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.
~ Unknown
Facebook should have a limit on how many times a relationship status can be change ... after 3 times it should be change default to UNSTABLE!
~ Unknown
But in some ways, the most significant choices one makes in life are done for reasons that are not all that dramatic, not earth-shaking at all; often enough, the choices we make are, for better or for worse, made by default.
~ Marya Hornbacher
Private investors traditionally had been obliged to take losses when debtors defaulted, but it became apparent that the U.S. Government was not about to relinquish its creditor hold on the Allies. This intransigence obliged them to keep tightening the screws on Germany.
~ Michael Hudson
These funds are called vultures because they feed on "dead" bonds in default.Complaining that "these hedge funds who have bought the bonds at 20-30 cents to a dollar … now want to be repaid in full citing contractual obligations
~ Michael Hudson
they cannot renege on the potential cost when the risk of default becomes a reality. Default, in this context, is … a legitimate, if unfortunate, part of the game. It is not consistent to benefit from a risk-taking premium and insist on full payment in all circumstances. The legal protection extended to bondholders by Judge Griesa goes against the very nature of risk-taking.
~ Michael Hudson
The basic principle that should guide economic policy is recognition that debts which can't be paid, won't be. The great political question is, how won't they be paid?
~ Michael Hudson
Lacking a good explanation, the mind defaults to whatever explanation is on the table, regardless of how improbable it may be.
~ Michael Shermer
This side of eternity in this broken world, cursing is the default language of the kingdom of self, but mourning is the default language of the kingdom of God. Which language will you speak today?
~ Paul David Tripp
There's another element in the euro crisis, another weakness of a shared currency, that took many people, myself included, by surprise. It turns out that countries that lack their own currency are highly vulnerable to self-fulfilling panic, in which the efforts of investors to avoid losses from default end up triggering the very default they fear.
~ Paul Krugman