#debts

That second man has his own way of looking at things; asks himself which debt must I pay first, the debt to the rich, or the debt to the poor? the debt of money, or the debt of thought to mankind, of genius to nature? For you, O broker! there is no other principle but arithmetic. For me, commerce is of trivial import; love, faith, truth of character, the aspiration of man, these are sacred; nor can I detach one duty, like you, from all other duties, and concentrate my forces mechanically on the payment of moneys. Let me live onward; you shall find that, though slower, the progress of my character will liquidate all these debts without injustice to higher claims. If a man should dedicate himself to the payment of notes, would not this be injustice? Does he owe no debt but money? And are all claims on him to be postponed to a landlord's or a banker's? ↗

— Ralph Waldo Emerson

#debts #priorities #faith

We paid off our debts, we learned some, made friends and returned in 1950 with a larger view of life. I had, however, no home, no income of any kind and no prospects whatsoever. ↗

— James W. Black

#debts #friends #had #home #however

I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue. ↗

— David Cameron

#borrow #britain #build #case #children

Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger. ↗

— Samuel Johnson

#danger #debts #escaped #every #great

Further Education should be about the ability to learn, not the ability to pay - everyone who is able should have the opportunity, regardless of their family background. I don't want to see students struggling with huge debts or frightened off even going to university in the first place. ↗

— Charles Kennedy

#able #about #background #debts #education

Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe. ↗

— John Major

#banking #bonds #could #create #crisis

Eurobonds are absolutely wrong. In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don't get them by collectivizing debts. ↗

— Angela Merkel

#absolutely #bring #budget #common #competitiveness

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts. ↗

— Suze Orman

#debt #debts #discharged #even #extreme

Everyone in our society has had to make a contribution towards dealing with the debts. ↗

— George Osborne

#dealing #debts #everyone #had #make

And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem. ↗

— Ben Quayle

#back #big #big problem #debts #early