Debt Quotes

Discover the best quotes about Debt. This collection showcases wisdom and insights on Debt from various authors and personalities.

She says, Do you have any rubbers? I say, I thought she was barren. Sure, I'm sterile, she says, but I've had unprotected sex with a million guys. I could have some terrible fatal disease. I say that would only be a problem if I wanted to live a lot longer. Fertility says, That's how I feel about my giant credit card debt. So we have sex. If you could call it that.
This world owes us nothing. Existence is not indebted to us. Humanity lives under this misconception that we deserve life's blessings, that we deserve happiness. But in truth, life owes us nothing
You don't pay back your parents. You can't. The debt you owe them gets collected by your children, who hand it down in turn. It's a sort of entailment. Or if you don't have children of the body, it's left as a debt to your common humanity. Or to your God, if you possess or are possessed by one.The family economy evades calculation in the gross planetary product. It's the only deal I know where, when you give more than you get, you aren't bankrupted - but rather, vastly enriched.
[Credit is a system whereby] a person who can't pay, gets another person who can't pay, to guarantee that he can pay.
In fact this is precisely the logic on which the Bank of England— the first successful modern central bank— was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank— in effect, to circulate or monetize the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist.
All those who seek to destroy the liberties of a democratic nation ought to know that war is the surest and shortest means to accomplish it.
Unless, of course, one chose to join the increasing numbers who had decided they were so deep in despair that there was nothing worse to fear in life. These were men who had finally, and so early, so surprisingly early seen enough of something in their own ives and in the lives around them to convince them of the final futility of efforts of efforts to break the mean monthly cycle of debt and borrowing, borrowing and debt.
Nature is an expert in cost-benefit analysis,' she says. 'Although she does her accounting a little differently. As for debts, she always collects in the long run...
‎We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.
Our country is failing to live up to its promise of opportunity and fairness. It used to be true that if you went to college and you worked hard, you could count on having a decent middle-class life - but that's just not true anymore. Economic and political changes that have occurred over the past three decades have made the middle-class American dream for today's twenty- and thirtysomethings far less possible than it was for their parents' generation. It's not that we're lazy, that we have no work ethic, or that we have outrageous spending habits. It's that we've been screwed.
I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
I will feel no guilt on shutting my door to those who didn't listen.
Once she was gone, I knelt next to Annabeth and felt her forehead. She was still burning up.You're cute when you're worried, she muttered. Your eyebrows get all scrunched toge
Jimmy put in a word and told them that if I made it, I wouldn't be able to live with myself without paying them back. That I'd sooner die than owe anyone money for helping me. Apparently Jimmy knew more about me at that point than I knew about myself.
Always remember this, Henri. Men trade for profit. They are driven by greed. But debt is about fear, and fear is stronger than greed. The true power, the weapon that defeats all others, is debt. Fools search for gold. The wise man studies debt. That is the key to all business.
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
In the world I lived in, the world of human people, there were ties and debts and consequences and good deeds. That was what bound people to society; maybe that was what constituted society. And I tried to live in my little niche in it the best way I could.
Now a promise made is a debt unpaid, and the trail has its own stern code.
Do you have to regret spending money when you earn money? And when it is time to spend, you should be strong that you got the opportunity to pay off your debt. Income is one's responsibility and expense is the means to clear off the responsibility.
Debt is great source of inner unhappiness.