Quotes About Creditor

Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.

If it isn't the sheriff, it's the finance company; I've got more attachments on me than a vacuum cleaner.

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.

The neo-rentier objective is threefold: to reduce economies to debt dependency, to transfer public utilities into creditor hands, and then to create a rent-extracting tollbooth economy. The financial objective is to block governments from writing down debts when bankers and bondholders over-lend.

Financialization is the major dynamic polarizing today's economies. Its aim is to appropriate the means of production and rent-extracting privileges for a creditor class to load labor, industry, agriculture and governments down with debt. Employment, wages and capital investment cannot recover as long as the resulting debt overhead is left in place.

Eurozone financial institutions have sought to impose Latvia's "model" austerity on Ireland, Spain and Portugal – and most of all, on Greece, which is being made an object lesson of how creditor powers will treat countries that try to extricate themselves from debt, unemployment, privatization, emigration and demographic collapse.

When Reagan entered the White House, America was the world's largest creditor; by the time he retired to his Santa Barbara horse ranch, it had become the world's largest debtor, owing foreign lenders about $400 billion.

May the creditor seize all he owns, and strangers plunder the fruits of his labor.