Debt Quotes - Page 31

• One of my big inspirations was Céleste Mogador. She was a courtesan who wrote her memoirs in order to pay off her debts, which is a hilarious gesture.

  Alexander Chee

  Inspiration, Order, Gestures

  Source: therumpus.net

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• For a hundred years we have been one of the largest oil-producing countries in the world but with a 60 percent poverty rate and now we are canceling the historical debt.

  Hugo Chavez

  Country, Oil, Years

  Source: progressive.org

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• Not all debt is bad. From time to time we should get into debt when there's a good reason for that.

  Dan Ariely

  Reason, Should

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• The problem is that people basically dangle debt in front of us. And the cost for the poor of course is much higher than for the wealthy.

  Dan Ariely

  People, Cost, Problem

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• Imagine you owe on five credit cards, you owe five debts. So which debt should you pay first? And the answer is very simple: You should pay the one with the highest interest rate first. But that's not what people do.

  Dan Ariely

  Simple, People, Pay

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• Nobody gets killed when they're happy. It always starts with an argument, or a debt.

  Danny Trejo

  Argument

  Source: theindiespiritualist.com

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• We have to do more to make it easier for parents to balance work and family. If you left college with a ton of loans, it`s not enough just to make college more affordable. You need help right now with the debt you already have.

  Hillary Clinton

  College, Parent, Balance

  Source: www.msnbc.com

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• 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.

  Edwin Hubbel Chapin

  Names, Looks, World

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• There is no difference in a country between military, economic, and political affairs. It's useful for Business Insider to divide things that way. That's useful for a college program. But a country is a country. How do you understand China's economy without China's army? If you take these all into account you're ready to explain a question like, "How come the US doesn't have a debt problem?"

  George Friedman

  Country, Military, Army

  Source: www.businessinsider.com

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• Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.

  George Friedman

  Italian, Europe, Germany

  Source: www.businessinsider.com

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• Donald Trump refused to outline a health care plan. And they just kind of moved on, instead of pressing him on it. He gave a ridiculous answer on the national debt. And they moved on without pressing him on it. No other candidate could have gotten away with that. So, I think there's a weird bias here in the media rooting for Donald Trump, because they know he's the easiest Republican to beat.

  Marco Rubio

  Thinking, Media, Moved On

  Source: www.cbsnews.com

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• The future of the Democratic Party, the future of this country is involving young people in the political process, getting them to stand up for their rights, dealing with student debt, which I got to tell you is just crushing people all over this country, making public colleges and universities tuition free, those are the ideas we are bringing out, demanding the wealthy and large corporations start paying their fair share of taxes. This is what younger people, working class people want. That is the future of the Democratic Party.

  Bernie Sanders

  Crush, Country, Party

  Source: www.cbsnews.com

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• There are many kinds of adult adversities that can provoke severe psychological distress, including debt and unemployment, dysfunctional marital relationships and occupational stress. The reality is that the social causes of mental ill-health are all around us.

  Richard Bentall

  Stress, Adversity, Reality

  Source: www.psychologytoday.com

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• 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.

  Jamie Dimon

  Moving, Doe, Looks

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

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• If you'll have enough saved and nobody has to take on debt and you want to retire, shoot go for it.

  Michelle Singletary

  Want, Enough, Retiring

  "Color of Money Live". Live chat, live.washingtonpost.com. March 10, 2016.

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• But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.

  Suze Orman

  Mean, Cards, Credit

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• I would be very, very strong on the debt limit. And I would be asking for a very big pound of flesh if I were the Republicans. And the problem with the Republicans, they have two sides. The smaller side is very strong and the other side is always agreeing and, you know, you can't do that.

  Donald Trump

  Strong, Two Sides, Would Be

  Source: www.realclearpolitics.com

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• If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.

  Suze Orman

  Retirement, Jobs, Thinking

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant.

  Suze Orman

  Children, School, Cards

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• Well, I feel that we're kind of fortunate that this book gives the whole world a lesson in economics and how to get out of the mess that we're all in. It's basic message is to try and stop spending as much and try to release some of your assets to pay off your debt.

  Jerry Bruckheimer

  Book, Giving, Trying

  "Confessions of a Shopaholic". Interview with Rob Carnevale, www.indielondon.co.uk.

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• This is a derivative, if you will, of Cloward-Piven [theory]. "[Stephen] Lerner's plan is to organize a mass, coordinated 'strike' on mortgage, student loan, and local government debt payments - thus bringing the banks to the edge of insolvency and forcing them to renegotiate the terms of the loans.

  Rush Limbaugh

  Government, Derivatives, Students

  Source: www.rushlimbaugh.com

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• China has, all of a sudden, found a way of putting the best of the best to work to build an economy that is growing at 10% to 12% per year, and now India is following. And those changes and how quickly they've come out of this mess, how little debt they have, is really important.

  Juan Enriquez

  Years, Important, Littles

  Source: bigthink.com

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• When we graduated from college and law school, we had a mountain of debt.

  Jennifer Lopez

  School, College, Law

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• The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking.

  Robert F. Engle

  Risk, Reason Why, Want

  Source: bigthink.com

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• I had school debt I had to pay off. Sometimes I would do commercials to get me through. And so I kept bumping along like that and learning different things. I knew I wanted to get out on my own. I was just super-curious, and I was a good listener. And that got me through.

  Susan Sarandon

  School, Different, Pay

  Source: www.interviewmagazine.com

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