Best 772 quotes in «debt quotes» category

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

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.

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

Meanwhile, the empty forms of social behavior survive inappropriately in business situations. We all know that when a business sends its customers 'friendly reminders,' it really means business.

Medical debts are the number-one cause of bankruptcy in America.

Men who borrow their opinions can never repay their debts.

Men owe us what we imagine they will give us. We must forgive them this debt.

Mike Pence did ask this question about debt and the debt explosion on the [Donald] Trump plan is much, much bigger than anything on the [Hillary] Clinton side.

More and more lower-middle-income families either live their lives in debt or leave the city altogether. The boom is strictly at the penthouse level.

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.

More taxes, more regulation, more Washington domination, more debt. Those things are not the future for America. They will never work.

Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.

Most of the debts of Europe represent condensed drops of blood.

My debts are large, my failures great, my shame secret and heavy; yet I come to ask for my good, I quake in fear lest my prayer be granted.

Most people don't know this, but if you settle a debt for less than the amount you owed, you are potentially responsible for taxes on the forgiven debt. Look at it this way: You received goods and services for the full amount of debt, but you're only paying for a portion of it - sometimes less than 50%. Anything more than $600 is generally considered taxable, but the IRS will sometimes waive the tax if you can prove that your assets were less than your liabilities when the debt was settled.

Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.

My debt to you, Belovèd, Is one I cannot pay In any coin of any realm On any reckoning day.

My grandmother told me: 'Never be in debt to anyone or anything.' Which is probably why I've never been financially extravagant - I still go to Costco. I'm always conscious of living within my means.

My husband has quite simply been my strength and stay all these years, and I owe him a debt greater than he would ever claim.

My greatest debt will always be to the movie-going public of yesterday and today, without whose love and devotion I would have had no story to tell.

Nature holds an immense uncollected debt over every man's head.

My kids don't have a trust fund, they have a debt fund. And when I die, they're $4 million in the hole.

My parents believed in education and economic security, and I thank them for it. Because I think that's part of what's made my life stable. It was instilled in me. You have to be able to pay your bills. You do not get into debt. And I never have been.

Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.

My kids don't have a trust fund, they have a debt fund. Oh my God, they're $4 million in the hole.

My love of storytelling comes from oral tradition, the stories from my grandmother and conversations with [my] mother. The world is full of discussions of condensation, drifts, misunderstanding, repetition. These are the materials I work with. My debt is to these women.

My opponent Senator Menendez and his colleagues are pursuing what I consider a Jon Corzine economic policy. Higher taxes, more spending, more debt.

Never do anything for another with the expectation of gratitude. The expectation itself turns the gift into an exchange and suggests a debt is owed you.

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

No company can promise an end date, but if you have multiple debts, the first one should be settled within a year.

Nobody can solve debt problems like me.

No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt.

No generation has a right to contract debts greater than can be paid off during the course of its own existence.

No measure can be more desirable, whether viewed with an eye to its intrinsic importance, or to the general sentiment and wish of the Nation than to establish a systematic and effectual arrangement for the regular redemption and discharge of the public debt.

None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.

No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.

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.

No one should be held back from realising their potential by fears that they will not be able to afford to go to university or that they will graduate with unmanageable levels of debt.

Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.

Nothing so breaks the spirit as a load of debt.

Not only has the debt (of our sins) been fully paid, there is no possibility of ever going into debt again.

Now was not a good time, but we didn't often get to chose the time to repay our debts.

Obama and his Democrats need to be placed on the defensive. They are the primary drivers of this spending; they are the obstructers of entitlement reform and the national debt continues to burn while they fiddle.

Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.

Obama called on Americans to have more grandchildren. Probably so there's more of them to pay off our debt.

Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.

Obviously, there has to be a profound change in direction. Otherwise, interest on the national debt will start eating up virtually every penny that we have.

Of all life's pleasures, only love owes no debt to death.

Of course I'm troubled by huge consumer debt levels - we've pushed consumer credit very hard in the US. Eventually, if it keeps growing, it will stop growing. As Herb Stein said, "If something cannot go on forever, it will stop." When it stops, it may be unpleasant. Other than Herb Stein's quote, I have no comment. But the things that trouble you are troubling me.