Debt Crises Quotes

Collection of famous quotes and sayings about Debt Crises.

Quotes About Debt Crises

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Failure to recognize the difficulty in escaping a situation of high debt intolerance simply through growth and gently falling ratios of debt to GNP is one of the central errors underlying many standard calculations employed both by the private sector and by official analysts during debt crises. ~ Anonymous
Debt Crises quotes by Anonymous
Beyond the speculative and often fraudulent froth that characterizes much of neoliberal financial manipulation, there lies a deeper process that entails the springing of 'the debt trap' as a primary means of accumulation by dispossession. Crisis creation, management, and manipulation on the world stage has evolved into the fine art of deliberative redistribution of wealth from poor countries to the rich. I documented the impact of Volcker's interest rate increase on Mexico earlier. While proclaiming its role as a noble leader organizing 'bail-outs' to keep global capital accumulation on track, the US paved the way to pillage the Mexican economy. This was what the US Treasury–Wall Street–IMF complex became expert at doing everywhere. Greenspan at the Federal Reserve deployed the same Volcker tactic several times in the 1990s. Debt crises in individual countries, uncommon during the 1960s, became very frequent during the 1980s and 1990s. Hardly any developing country remained untouched, and in some cases, as in Latin America, such crises became endemic. These debt crises were orchestrated, managed, and controlled both to rationalize the system and to redistribute assets. Since 1980, it has been calculated, 'over fifty Marshall Plans (over $4.6 trillion) have been sent by the peoples at the Periphery to their creditors in the Center'. 'What a peculiar world', sighs Stiglitz, 'in which the poor countries are in effect subsidizing the richest. ~ David Harvey
Debt Crises quotes by David Harvey
Unworthiness always puts you in debt to anyone and everyone who shows you the slightest degree of attention or love or energy. Eventually, in this form of bankrupt relationship, your benefactors will demand or expect more than you are able or willing to give. This is the precise moment they will choose to call in the loan. ~ Iyanla Vanzant
Debt Crises quotes by Iyanla Vanzant
But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction. ~ David Plouffe
Debt Crises quotes by David Plouffe
With climate change and health crises rightfully receiving international attention, the time has come to focus on hunger as a top priority. WHO regards hunger and malnutrition as the gravest threat to public health, and climate change threatens to further destabilise already fragile food-production systems. ~ Josette Sheeran
Debt Crises quotes by Josette Sheeran
We can pay our debts to the past by putting the future in debt to ourselves. ~ John Buchan
Debt Crises quotes by John Buchan
A small loan makes a debt; a great one an enemy. ~ Publilius Syrus
Debt Crises quotes by Publilius Syrus
Forever in debt to your priceless advice. ~ Kurt Cobain
Debt Crises quotes by Kurt Cobain
The teachers never explained what this debt was all about, but we knew it was an embarrassment on the level of a national bedwetting. ~ Euny Hong
Debt Crises quotes by Euny Hong
The only team that believed in me was the Saints, and I feel like I owe them a great debt of gratitude. I want to give them what they saw in me-a guy who could lead this team to a championship. ~ Drew Brees
Debt Crises quotes by Drew Brees
She had called in the debt that parents owe a child for bringing her, unasked, into a strange world. One should never make an offer without knowing full well what will happen if it is accepted. ~ David Brin
Debt Crises quotes by David Brin
While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon. ~ Dave Ramsey
Debt Crises quotes by Dave Ramsey
I've said that we're going to produce real results for the American people because so many Americans feel left out and left behind, they think the economy has failed them, they think our government has failed, they can't stand the gridlock and dysfunction in our politics, and I'm determined to produce more good jobs with rising incomes, and deal with all of the concerns that families have about education, college affordability, student debt. ~ Hillary Clinton
Debt Crises quotes by Hillary Clinton
Like to have a catalyst - reduces dependence on the market: Distressed debt inherently has a catalyst - maturity. ~ Seth Klarman
Debt Crises quotes by Seth Klarman
The peasantry had only recently been freed from slavelike servitude, and they were crushed with debt. The economy was stagnant. The country was hardly industrialized; there were not many factories. Though in St. Petersburg itself, nobles and sophisticates attended balls in Parisian gowns and discussed the poetry of the French, this ramshackle empire also included huge, frigid wastes of fir tree and tundra, deserts where the only inhabitants were nomadic families with their herds, and mountain towns that had never even heard the name of their distant ruler. ~ M T Anderson
Debt Crises quotes by M T Anderson
If we didn't propose these reforms, we would not have proposed a budget that got the debt under control. ~ Paul Ryan
Debt Crises quotes by Paul Ryan
One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear. ~ Peter Bofinger
Debt Crises quotes by Peter Bofinger
Any creator owes a debt to past creation. ~ Lukas Foss
Debt Crises quotes by Lukas Foss
The very nature of finance is that it cannot be profitable unless it is significantly leveraged ... and as long as there is debt, there can be failure and contagion. ~ Alan Greenspan
Debt Crises quotes by Alan Greenspan
The turning points of lives are not the great moments. The real crises are often concealed in occurrences so trivial in appearance that they pass unobserved. ~ George Washington
Debt Crises quotes by George Washington
Careless of waste, wallowing in refuse, exterminating the enemies ... despising age, denying human natural history, fabricating pseudotraditions, swamped in the repeated personal crises of the aging preadolescent; all are familiar images of American society. They are signs of private nightmares of incoherence and disorder in broken climaxes where technologies in pursuit of mastery create ever-worsening problems - private nightmares expanded to a social level. ~ Paul Shepard
Debt Crises quotes by Paul Shepard
Economic crises breed war. ~ Alex Callinicos
Debt Crises quotes by Alex Callinicos
In your walk with Christ, you shall meet crises, but, when crises arise, remember Christ! ~ Ernest Agyemang Yeboah
Debt Crises quotes by Ernest Agyemang Yeboah
Let us run up debts. One is nobody without debts. ~ Muriel Spark
Debt Crises quotes by Muriel Spark
In 1828 we raised the duties, on an average, to nearly fifty per cent, when the debt was on the eve of being discharged, and thereby flooded the country with a revenue, when discharged, which could not be absorbed by the most lavish expenditures. ~ John C. Calhoun
Debt Crises quotes by John C. Calhoun
Like heartbreak, these unpredictable crises are not something you should live in fear of. Perpetual fear won't protect you. Fear is not a citronella candle; scary life happenings are not mosquitoes. They happen in ways we can't predict, control or understand. The only guaranteed outcome of feeling scared all the time is that you will feel scared all the time. ~ Kelly Williams Brown
Debt Crises quotes by Kelly Williams Brown
Behold, I am writing anew, through scribes on Earth who are willing to listen to me again with new ears, in the light of the present crises on planet Earth. ~ Barbara Marx Hubbard
Debt Crises quotes by Barbara Marx Hubbard
The nation, like the church, has its visible symbols and insignia, its parchments engrossed with the revealed word, its dogmas, hymns, liturgy, holy day celebrations, its early Fathers, prophets and martyrs, its priesthood and its lay sodality, its myths of sacred genesis and apocalyptic crises, its world-saving mission and its missionaries. ~ Michael Parenti
Debt Crises quotes by Michael Parenti
G.E. doesn't pay any taxes, and we are asking college kids to take on even more debt to get an education and asking seniors to get by on less. These aren't just economic questions. These are moral questions. ~ Elizabeth Warren
Debt Crises quotes by Elizabeth Warren
Every person working in sports journalism today owes a tremendous debt to Howard Cosell. His greatest contribution was elevating sports reporting out of daily play-by-play and placing it in the larger context of society. ~ Roone Arledge
Debt Crises quotes by Roone Arledge
Women owe Friedan an incalculable debt for The Feminine Mystique. Domesticity was not a satisfactory story of an intelligent woman's life. ~ Elizabeth Fox-Genovese
Debt Crises quotes by Elizabeth Fox-Genovese
Institutional nepotism might be tolerated in prosperous times. Setbacks can become crises, however, when there is incompetence in key positions at crucial moments. ~ Stewart Stafford
Debt Crises quotes by Stewart Stafford
We need to focus on getting people back to work, focus on jobs, the economy, the debt and the spending. That's what will improve the quality of life for American families and for hard-working taxpayers. ~ John Barrasso
Debt Crises quotes by John Barrasso
The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less. ~ Thomas Paine
Debt Crises quotes by Thomas Paine
Repaying the debt of these ultimate sacrifices seems nearly impossible but we must try. ~ Michael N. Castle
Debt Crises quotes by Michael N. Castle
Solving a problem created by debt ... by creating more debt is a fool's errand. ~ Olivier Sarkozy
Debt Crises quotes by Olivier Sarkozy
My dear Mr. Schwartz, you appeared in the nick of time. It might have been a drama on the stage! I am very much in your debt. ~ Agatha Christie
Debt Crises quotes by Agatha Christie
Chase's was a junkie's banking strategy, shooting speed in the morning and spending all day foraging for the cash to dope down at night, an endless quest to chase the debt dragon. ~ Matt Taibbi
Debt Crises quotes by Matt Taibbi
Christianity . . . does not [simply] stand in the history that we only know and which knowledge we take to ourselves so that we say "Christ died for us and has broken death in us and made it into life. He has paid the debt for us. We need only to comfort ourselves with this and firmly believe that it has happened."

Since we in ourselves find that sin in the flesh is living, desirous and active, that it might work, the new birth out of Christ must be something else that does not work along with the sinful flesh and that does not will sin. . . .

Here a Christian is to consider why he calls himself a Christian and is truly to consider whether he is one. Because I may learn to know and understand that I am a sinner, and that Christ has killed my sins on the cross and shed His blood for me, this in no way makes a Christian out of me. The inheritance is only for the children. A maid in the house knows well what the wife would eagerly have. This does not therefore make her an inheritor of the wife's goods. The devil also knows that there is a God [James 2:19]. That does not therefore make him an angel again. However, if the maid in the household marries the wife's son, then she can truly come to the inheritance of the wife's goods. . . .

The scorner and the titular Christian is the whore's son, who must be cast out for he is not to inherit Christ's inheritance in the kingdom of God (Galatians 4:30). He is no use, and only Babel, a confusion of the on ~ Jakob Bohme
Debt Crises quotes by Jakob Bohme
Poverty demoralizes. A man in debt is so far a slave; and Wall-street thinks it easy for a millionaire to be a man of his word, aman of honor, but, that, in failing circumstances, no man can be relied on to keep his integrity. ~ Ralph Waldo Emerson
Debt Crises quotes by Ralph Waldo Emerson
selling my soul for student loans and an education. ~ Shareca Cole.
Debt Crises quotes by Shareca Cole.
Obstinate are the trammels, but my heart aches when I try to break them. Freedom is all I want, but to hope for it I feel ashamed. I am certain that priceless wealth is in thee, and that thou art my best friend, but I have not the heart to sweep away the tinsel that fills my room.
The shroud that covers me is a shroud of dust and death; I hate it, yet hug it in love. My debts are large, my failures great, my shame secret and heavy; yet when I come to ask for my good, I quake in fear lest my prayer be granted. ~ Rabindranath Tagore
Debt Crises quotes by Rabindranath Tagore
I will hurt you for this. I don't know how yet, but give me time. A day will come when you think yourself safe and happy, and suddenly your joy will turn to ashes in your mouth, and you'll know the debt is paid. ~ George R R Martin
Debt Crises quotes by George R R Martin
In the mid-1980s, the ratio of debt to personal disposable income for American households was 65 percent. During the next two decades, U.S. household leverage more than doubled, reaching an all-time high of 133 percent in 2007. ~ Katherine Porter
Debt Crises quotes by Katherine Porter
But political crises, moments when the keystone of authority of some major governing institution is whisked away like a Jenga block, can produce a tumbling cascade of new forms of politics. We've been looking at the tower for so long we forget it's made of blocks; we forget it can be put back together in a different way. Previous crises of authority in America produced not just concerted movements to reform the institutions of the time, but organic bouts of institutional innovation that created fundamentally new ways of coordinating work and life. ~ Christopher L. Hayes
Debt Crises quotes by Christopher L. Hayes
God doesn't want your crises-mode promises. ~ Darrin Patrick
Debt Crises quotes by Darrin Patrick
The biggest threat to global stability is the potential for food crises in poor countries to cause government collapse. ~ Lester R. Brown
Debt Crises quotes by Lester R. Brown
Capitalism is destroying the planet. The two old tricks that dug it out of past crises
War and Shopping
simply will not work. ~ Arundhati Roy
Debt Crises quotes by Arundhati Roy
It has always been the role of government to help solve problems, including and especially health crises. Obesity is a health epidemic across our country, and we have a responsibility as a government and a society to do all we can to promote good nutrition and healthy eating so we can reverse this alarming trend. ~ Richard J. Codey
Debt Crises quotes by Richard J. Codey
Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets. ~ Michael Hudson
Debt Crises quotes by Michael Hudson
In 2010, I proposed that Congress take its first pay cut in 77 years, and my effort had bipartisan support. And as part of leading by example, I returned 5 percent of my paycheck every month to pay down the debt. ~ Ann Kirkpatrick
Debt Crises quotes by Ann Kirkpatrick
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