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Top 10 Most Famous Quotes on Debt










16 Quotes on National Debt
“I think that both parties should declare the debt limit as a political weapon of mass destruction which can’t be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they’re not getting some other matter.”
Warren Buffett


“There are two major problems that come out of COVID-19: the massive unemployment that is destroying the revenues for our programs, the paychecks for our families, and the sense of purpose for our workers. The second is the astronomical levels of household government and corporate debt.”
Pierre Poilievre

“We don’t need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.”
Marco Rubio


“A lot of the Republicans wanted exactly what Barack Obama wanted, exactly what Nancy Pelosi wanted, exactly what Harry Reid wanted, which is to raise the debt ceiling, but they wanted to be able to tell what they view as their foolish, gullible constituents back home they didn’t do it.”
Ted Cruz

“Our growing national debt is a threat to our national defense and to our domestic priorities, including research and development, education, health care, and investments in our economic growth.”
Seth Moulton

“It is not only our duty but our moral obligation to break from the oppression of debt. We must rise above the political considerations and do what is right for the future of our nation.”
Dan Coats
“To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That’s wrong, but neither the U.S. nor Europe has a plan to stop it.”
David Malpass
“We are a big country, with lots of advantages and history. We are proud to be French. We have to call on patriotism at this time… to ask for an effort in the battle against debt.”
Francois Hollande
“Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.”
Murray Rothbard
16 Profound Quotes on Debt and Life
“It is not from your own goods that you give to the beggar; it is a portion of his own that you are restoring to him. The Earth belongs to all. So you are paying back a debt and think you are making a gift to which you are not bound.”
Saint Ambrose















14 Wise Quotes on Debt Of Money
“Debt certainly isn’t always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.”
Jean Chatzky


“Whether we are working to pay off student loans, credit card debt, paying for elder or childcare, or even trying to save for retirement, the idea of the American dream still remains just that – a dream.”
Adrienne C. Moore


“Take any person, put them in the wrong environment, and they can get off to some pretty bad things. Warren Buffett has said that he would not like to get into debt because he doesn’t want to discover what behavior he’s capable of.”
Guy Spier


“Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company’s equity, leaving it without enough money to repay the people who hold its debt.”
Alex Berenson


“We can all agree that we need to be helping small businesses. All of us can agree that the cost of higher education is too high, and college debt is too big of a burden for young people.”
Ilhan Omar

2 Quotes on Bad Debt
“Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.”
Noam Chomsky
“Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I’m the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.”
Robert Kiyosaki
12 Quotes on Debt That Will Make You Think
“The inflated imitations of gold and silver, which after the rapture are thrown into the fire, all is exhausted and dissipated by the debt. All scrips and bonds are wiped out. At the fourth pillar dedicated to Saturn, split by earthquake and flood: vexing everyone, an urn of gold is found and then restored.”
Nostradamus


“You’re trying to sleep off a debt that you’ve lumbered your brain and body with during the week, and wouldn’t it be lovely if sleep worked like that? Sadly, it doesn’t. Sleep is not like the bank, so you can’t accumulate a debt and then try and pay it off at a later point in time.”
Matthew Walker


“King of England, and you, duke of Bedford, who call yourself regent of the kingdom of France… settle your debt to the king of Heaven; return to the Maiden, who is envoy of the king of Heaven, the keys to all the good towns you took and violated in France.”
Joan of Arc


“Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren’t so exciting.”
Bill Gates

![[Credit is a system whereby] a person who can't pay, gets another person who can't pay, to guarantee that he can pay. - Charles Dickens](https://cdn.graciousquotes.com/wp-content/uploads/2022/10/Credit-is-a-system-whereby-a-person-who-cant-pay-gets-another-person-who-cant-pay-to-guarantee-that-he-can-pay.-Charles-Dickens.jpg)
(MUST READ) Debt: The First 5,000 Years,Updated and Expanded
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