Quotes About Debt

I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.

I'm not a fan of debt consolidation. In my experience, many people "clear" credit cards and other debt to get the one payment and never change what they need to change to prevent getting into debt again.

Donald Trump ran for office complaining that at $19 trillion, the US debt was completely out of control, and yet what he's planning to do is throw trillions of dollars more onto that debt. If the proposed tax plan cuts upon the wealthiest Americans is enacted, 10 years from now America's debt will be over $30 trillion. And so, he's contradicting, his own stated positions. And that's because, to Donald, none of this is about policy. It's not about sound economics. It's about greed and the glorification of the great leader.

A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt.

If you have a sane economy, and by sane economy I mean one which is not addicted to debt, not a Ponzi economy, then the change in debt each year should contribute a minor amount to demand. Therefore, if you tried to correlate debt to the level of unemployment you would not find much of a correlation. Unfortunately that is not the economy we live in.

Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.

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.

The charge is prepared; the lawyers are met; The judges all ranged (a terrible show!) I go, undismay'd. For death is a debt, A debt on demand. So take what I owe.

Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent.

In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5 percent and pay down the government debt, pay back the federal debt because we can't put this on the next generation or they're going to be buried paying taxes.

If you are able to settle, you'll be getting off rather easy. Debt settlement companies can sometimes get you off the hook for a large percentage of your debt - in many cases, up to 50% will be written off.

We've turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into debt to borrow assets that were going to rise in price. But you can't get rich, ultimately, by going into debt. In the end the creditors always win.

Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.

I hope we will never again see such a depression. But I am troubled by the huge consumer installment debt which hangs over the people of the nation, including our own people.

I took a sheet of paper, divided it into debt and credit columns on the arguments for and against God and immortality. On Christmas Eve I wrote 'bankrupt' at the foot. And it was on Christmas morning 1895, after I had celebrated three Masses, while the bells of the parish church were ringing out the Christmas message of peace, that, with great pain, I found myself far out from the familiar land--homeless, aimlessly drifting. But the bells were right after all; from that hour on I have been wholly free from the nightmare of doubt that had lain on me for ten years.

How much in this world is charged to chance or fortune, or veiled under a more devout name, and accorded to Providence; while, when we come to look honestly into affairs, we find it to be a debt of our own accumulation, and one which we must inevitably pay.

I don't know what our government does except put us into debt and blow up other countries.

Conscience is the most sacred of all property; other property depending in part on positive law, the exercise of that being a natural and unalienable right. To guard a man's house as his castle, to pay public and enforce private debts with the most exact faith, can give no title to invade a man's conscience, which is more sacred than his castle, or to withhold from it that debt of protection for which the public faith is pledged by the very nature and original conditions of the social pact.

Growth based on debt is unsustainable, artificial.

Debt means you had more fun than you were supposed to.

[People] want to see great trade deals, they want to see a strong military. They want to see reduced debt, because we are at a point where we are going to be soon at $19 trillion and they just, you know, they can't stand seeing it.

Debt is dumb. Cash is king.

Nobody can solve debt problems like me.

Our ministry is debt free and we have not had to beg or plead for finances.

But sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world.

It's President [Barack] Obama sounding the alarm, scaring the crap out of the American people. Saying if you don't raise the debt feeling, we're going to default.

Worrying is the interest paid on a debt you may not owe.

You'll feel better when you get all that debt off your back.

You might at least believe that I know honor- honor and debt.

If you imagine that everything is an exchange, then we're supposed to just transact and walk away. If we haven't walked away and we still have a relationship, it's because there's a debt.

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.

We want our children to live in an America that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the destructive power of a warming planet.

Conservatives came to office to reduce the size of government and enlarge the sphere of free and private initiative. But lately we have increased government in order to stay in office. And, soon, if we don't remember why we were elected we will have lost our office along with our principles, and leave a mountain of debt that our children's grandchildren will suffer from long after we have departed this earth. Because, my friends, hypocrisy is the most obvious of sins, and the people will punish it.

No man is truly free who is in financial bondage. 'Think what you do when you run in debt', said Benjamin Franklin, 'you give another power over your liberty.'

Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.

If we get into the habit of thinking of ourselves as always owing a debt of love to our spouses, we will be less inclined to take offense when they say or do something that we do not like.

I can say that I'm a feminist and I try to be progressive and all that stuff. But I when I'm tired or when I've been thrown up on for the second time that I'm just a tired man trying to keep it together. I've had a lot of jobs over the years and people who make television - it's ridiculous how much they're lauded and paid. It's irresponsible and stupid. But it is hard work. It's very difficult to balance having three young kids and working like that. So I owe my wife an enormous debt of gratitude. I feel guilty that the kids had to be grown in her body and she hasn't been able to work.

It's very hard for students not to be in debt unless they've got big scholarships or rich parents. And it's called investing in your future, but like any investment it's risky because your future is an unknown quantity. However, if you don't invest in your future, you may be flipping hamburgers for the rest of your life. So it's a real dilemma.

When Uganda got debt relief in 1999, the first item President Museveni bought was a presidential jacket for himself.

One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chickens will come home to roost.

We owe her a major debt of gratitude for her service to our country.

Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that come when they are not paid back.

The nations which have put mankind and posterity most in their debt have been small states Israel, Athens, Florence, Elizabethan England.

Millions of our fellow human beings continue to live as contemporary slaves, victims of abominable practices like human trafficking, forced labour and sexual exploitation. Countless children are forced to become soldiers, work in sweat shops or are sold by desperate families. Women are brutalized and traded like commodities. Entire households and villages labour under debt bondage.

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.

Right now the problem in Thailand is we have high debt, but we don't know how to earn the new source of revenue back to Thailand. This is my job.

One of the ways you go after the debt, one of the ways you create jobs is by investing in people.