Debt Quotes

Which reminded me...I still owed the gods a debt."You're a genius," I (Percy) told Annabeth.

It's the giving that makes one stronger, but sometimes the taking can make one weaker, if even vulnerable or blinding.

Anthony Liccione

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.

I spend my life constantly calling in ‘imaginary’ debts that aren’t owed to me in order to avoid the ‘real’ debts that I owe to others, and so everybody ends up bankrupt.

Craig D. Lounsbrough

Parenting is the greatest pay it forward system on earth. We don't owe our parents anything. We owe our children everything. The same was true for our parents. The same will be true for our children.

She says, "Do you have any rubbers?" I say, I thought she was barren. "Sure, I'm sterile," she says, "but I've had unprotected sex with a million guys. I could have some terrible fatal disease." I say that would only be a problem if I wanted to live a lot longer. Fertility says, " That's how I feel about my giant credit card debt." So we have sex. If you could call it that.

Chuck Palahniuk

It’s time to ask why [the United States] is the only country in the world where we permit our children to be saddled with tens — sometimes hundreds — of thousands of dollars of debt before they begin to earn a penny.

...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...

In some cases, it is the woman’s stomach—not her heart—that has left her man for another.

Mokokoma Mokhonoana

In many cases, it was the woman’s stomach—not her heart—that fell for her man.

Mokokoma Mokhonoana

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

Thomas Jefferson

Some people will each start investing more of their salary on ‘their’ house and spending less of it on ‘their’ car or cars only when they start being able to take ‘their’ house to work, funerals, weddings, etc.

Mokokoma Mokhonoana

I will feel no guilt on shutting my door to those who didn't listen.

Stefan Molyneux

The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them.

Mokokoma Mokhonoana