Famous Quotes & Sayings

The JGB market got some lift from losses in stock prices and from index-trackers (funds) stepping in to purchase government debt paper.

James Madison

All that seems indispensible in stating the account between the dead and the living, is to see that the debts against the latter do not exceed the advances made by the former.

Kent Conrad

All of them are being threatened by this policy of ever escalating deficits and debt,

Marie von Ebner-Eschenbach

All that is due to us will be paid, although not perhaps by those to whom we have lent.

Mark Zandi

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.

Mahatma Gandhi

Yajna having come to us with our birth, we are debtors all our lives, and thus for ever bound to serve the universe.

Martin Luther

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.

Normally, if someone goes bankrupt, you wipe out the debt and get a fresh start. But that's not permitted with student loans. So the effect is to impoverish many graduates with very high debts.

As you have to pay more interest and amortization on what you owe, you're left with less and less money to buy goods and services - unless you borrow even more and go further into debt.

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.

Rand Paul

To me, there is no greater threat than our debt. I'm the only fiscal conservative on the stage because I'm willing to hold the line on all spending.

Rand Paul

The greatest threat to our national security is our debt. We borrow a million dollars a minute.

Pat Paulsen

Will I obliterate national debt? Sure, why not?

John Updike

Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours.

John Sununu

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.

James Goldsmith

Praise in the beginning is agreeable enough; and we receive it as a favor; but when it comes in great quantities, we regard it only as a debt, which nothing but our merit could extort.

James Grant

Debt is always repaid, either by the borrower or by the lender.

James Grant

Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

George Gilder

History tells us that the threat to prosperity is not debt but socialism.

Jon Foreman

Let no debt remain outstanding, except the continuing debt to love another.

The healthcare business, on its own, would probably be worth in the mid-teens -- $14 to $16 a share depending on how much debt they put into the company. For the sum of the parts, I'd put the value at $36 to $38 a share.

The higher return might well be in reducing this debt as quickly as prudent.

The industry should seek for long-term financing for its investments as opposed to short-term debt.

The IMF realized that the world was watching and they couldn't deny millions of people the promised debt cancellation.

The IMF realized that the world was watching, and they couldn't deny millions of people the promised debt cancellation.

The IMF (International Monetary Fund) was looking for domestic debt at year-end 2005 to be worth 19.6 percent of GDP. That can now be revised down to about 16 percent.

The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.

Joel Osteen

It's God's will for you to live in prosperity instead of poverty. It's God's will for you to pay your bills and not be in debt.

Lindsey Graham

I'm for eliminating deductions and taking some of the money to buy down rates and put it on the debt. That's not raising taxes. That's solving a problem.

Lilith Saintcrow

You're my friend, Danny. You understand? There's no debt between friends." Maybe it's just that the debt gets so high you stop counting it.

John M. Ford

We're all living on borrowed time. The trick is to come up with works of sufficient interest to pay off the debt.

John Key

New Zealand as a whole needs to save more, spend less and reduce our reliance on foreign debt.

Lucas Papademos

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.