Top 80 Debts Quotes

I would not trade America’s position in the world – our ledger, our debts and assets – for any country in the world. There isn’t a country in the world even close to America.

Greece’s debts are all denominated in euros, but it isn’t clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.

Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.

Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making while others are only good for the payment of debts.

We don’t know what’s around the corner – and we must do everything to ensure we get our country’s debts down, building our resilience so we don’t repeat the mistakes of the past.

To suggest that we can’t pay our debts – that’s absolutely not true.

This is the great crisis in football now. It’s not just Rangers; it’s a lot of clubs. Big clubs always create more debt despite the huge income they have. It’s almost an achievement, isn’t it? They make so much money, and yet, still, their debts rise and rise and rise. How does that happen? It’s absurd.

I don’t mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that’s, of course, a disaster.

I make people pay their debts.

I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.

What I’m most proud of is that I paid off all the debts of my household.

What is it but a cunningly devised scheme to take from one State and to give to another – to replenish the treasury of some of the States from the pockets of the people of the others; in reality, to make them support the governments and pay the debts of other States as well as their own?

Waiving debts corrupts the credit culture.

The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing.

Massive debts owed to foreign creditors weaken our global influence and threaten high inflation and steep tax increases for our children and grandchildren.

I have worked long and hard to try to reduce my debts, and I am devastated that it came to this conclusion. I now intend to focus on the remaining dates of the Westlife tour and my commitments to the band before looking to rebuild a future for my wife, my three children and myself.

It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.

Well what would happen is that if Greece defaulted and couldn’t pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe.

Pay your utilities, gas and other basic needs before paying on your debts.

If you run your company pension into the ground, saddling it with massive, unsustainable debts, we’re coming for you.

When our family business separation was implemented, as the eldest member of the family, I had taken the entire burden of the debts. I believe, it was my mistake to have told myself that, ‘Subhash, you can earn and repay the creditors.’

Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.

There’s one thing very important to me in business and for the long-term: always be honest with people. For the past 60 years, I always pay my debts.

There were times when we didn’t have enough food on the table. When it came to the end of the month, I could see my parents were sad because they were unable to give us the best. They had lots of debts. Sometimes they had arguments about it.

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.

The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That’s shocking and disingenuous.

When debts are not paid because they cannot be paid, the best thing to do is not talk about them, and shuffle the cards again.

Debts and lies are generally mixed together.

The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.

I think what’s important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences will be immediate and dramatic.

The debts are unaffordable. If they won’t cancel the debts I would suggest obstruction; you do it yourselves.

One of the traditional rites of passage for political candidates is the revelation of financial status – a catechism-like recital of money mistakes made and debts owed.

One of my greatest sadnesses at the prospective break-up of the Union is that it will set English, Welsh and Northern Irish against Scots in a bitter division of the debts and resources of the whole of the U.K.

Beijing’s foreign investments can be coercive and exploitative – using Chinese laborers and contractors instead of local ones, saddling poorer countries with enormous debts, leaving behind shoddy workmanship and fueling corruption.

In ‘Honeymoon in Vegas,’ after Nicolas Cage tells his fiancee that he’s given her away to pay for his gambling debts, she gets into a tizzy as if she were a 6-year-old. I couldn’t believe it.

Being unemployed is even more disastrous for individuals than you’d expect. Aside from the obvious harm – poverty, difficulty paying off debts – it seems to directly affect people’s health, particularly that of older workers.

What charitable 1 percenters can’t do is assume responsibility – America’s national responsibilities: the care of its sick and its poor, the education of its young, the repair of its failing infrastructure, the repayment of its staggering war debts.

The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price.

We paid off our debts, we learned some, made friends and returned in 1950 with a larger view of life. I had, however, no home, no income of any kind and no prospects whatsoever.

Without thinking or reflecting, we plunge into war, contract heavy debts, increase vastly the patronage of the Executive, and indulge in every species of extravagance, without thinking that we expose our liberty to hazard. It is a great and fatal mistake.

I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has been reported to a collection agency, paying it off won’t help your FICO score. The damage has already been done, and the blemish will remain on your credit report for seven years.

Too many young people graduate laden with debts that take years, if not decades, to pay off.

You might say those who can’t repay their student debts shouldn’t have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.

If debtors can reasonably expect that the government will swoop in from time to time to bail them out, no one has any incentive to pay his debts.

Since taking office in 2008, the Barrow Administration failed to stimulate the necessary economic growth. Instead they have, over the more than four years, continued on a path of borrow and spend,accumulating huge additional debts.

Within my social circle, there is a large group of people who will take bitcoin as legal tender; like, you can go to them and settle debts in Bitcoin, and they will happily take it.

When I was a teenager, my father went bust. He could have declared himself bankrupt, but he was an honourable man and he insisted on paying back all his debts. That almost ruined the family. I was aware that my mother and father couldn’t control things anymore. I guess I was afraid that we would end up on the street.

Career politicians in D.C. have shirked their responsibility to us for decades. At every turn, they’ve kicked the can down the road, pushing the burdens of our problems and our debts onto our children and grandchildren.

The United States established itself as a trustworthy new nation in its first two decades after the Revolutionary War by paying its debts, even when many in the country believed it had no obligation to do so. Alexander Hamilton, the founder of this newspaper, insisted on it.

I’m a strange mixture of my mother’s curiosity; my father, who grew up the son of the manse in a Presbyterian family, who had a tremendous sense of duty and responsibility; and my mother’s father, who was always in trouble with gambling debts.

If you want another world war, run up unsustainable debts.