Quotes by Debt Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. Mark Zandi debt would-be world I would almost rather be in debt constantly than work with horrible people that I hate. Martha Plimpton debt hate people In time of peace there can, at all events, be no justification for the creation of a permanent debt by the Federal Government. Its limited range of constitutional duties may certainly under such circumstances be performed without such a resort. Martin Van Buren debt events government To avoid the necessity of a permanent debt and its inevitable consequences, I have advocated and endeavored to carry into effect the policy of confining the appropriations for the public service to such objects only as are clearly with the constitutional authority of the Federal Government. Martin Van Buren debt patriotic government Breach of promise is no less an act of insolvency than a refusal to pay one's debt. Mahatma Gandhi debt truth promise If there is anything in us, it is not our own; it is a gift of God. But if it is a gift of God, then it is entirely a debt one owes to love, that is, to the law of Christ. And if it is a debt owed to love, then I must serve others with it, not myself. Martin Luther debt law christ What God may have enabled me to do is but a repayment of debt, and he who repays a debt deserves no praise. Mahatma Gandhi debt god may Thus my learning is not my own; it belongs to the unlearned and is the debt I owe themMy wisdom belongs to the foolish, my power to the oppressed. Thus my wealth belongs to the poor, my righteousness to the sinners. Martin Luther debt wealth foolish Gratitude is a debt which usually goes on accumulating like blackmail; the more you pay, the more is exacted. Mark Twain debt gratitude goes-on The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely. Matt Taibbi size debt family The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits. Matt Taibbi debt party evil So this was fame at last! Nothing but a vast debt to be paid to the world in energy, blood, and time. May Sarton debt energy blood When I went to law school, which I put myself through for $100,000 dollars of debt, I didn't expect anybody to pay for my health insurance, which I had none of. No health insurance. Megyn Kelly debt law school You load 16 tons, and what do you get? Another day older and deeper in debt. St. Peter don't you call me 'cause I can't go. I owe my soul to the company store. Merle Travis debt another-day soul Each of us has a responsibility for being alive: one responsibility to creation, of which we are a part, another to the creator a debt we repay by trying to extend our areas of comprehension. Maya Angelou debt responsibility trying Debts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it's all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion? Michael Hudson debt long people Ever since going up to university, I have accumulated new debt, and new means of becoming indebted. Michael Gove debt becoming mean The banks' product is debt. They try to tell customers that "debts are good for you," but the customers can't afford any more debt, so there's no way the banks can continue their current business plan. Michael Hudson debt trying way More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services. Michael Hudson debt fire pay Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay. Michael Hudson debt economy pay «1819202122232425262728»
