Paying Debts Quotes

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Paying Debts Quote of the day

There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.

Thomas Carlyle

Paying Debts Quotes: "Paying debt service to banks leaves less income to buy goods and services."

Paying debt service to banks leaves less income to buy goods and services.

Michael Hudson

Paying Debts Quotes: "The problem is indeed that one party's debt finds its counterpart in some other party's savings. Not paying debts therefore involves annulling some other party's financial claims on the debtor."

The problem is indeed that one party's debt finds its counterpart in some other party's savings. Not paying debts therefore involves annulling some other party's financial claims on the debtor.

Michael Hudson