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 MerkelRead
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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.
I'm proud to acknowledge my debt to the 'Reverend Satchelmouth' ... He is the beginning and the end of music in America
To one bent on age, death will come as a release. I feel this quite strongly now that I have grown old myself and have come to regard death like an old debt, at long last to be discharged.
Environmental concern is a little like dieting or paying off credit-card debt - an episodically terrific idea that burns brightly and then seems to fade when we realize there's a reason we need to diet or pay down our debt. The reason is that it's really, really hard, and too many of us in too many spheres of life choose the easy over the hard.
As to Taxes, they are evidently inseparable from Government. It is impossible without them to pay the debts of the nation, to protect it from foreign danger, or to secure individuals from lawless violence and rapine.
Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something for nothing. They tell us that the government can spend and spend without taxing at all; that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves."
The time has come to end this charade. The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves. Africa should say: 'thank you very much but we need this money to meet the needs of children who are dying right now so we will put the debt servicing payments into urgent social investment in health, education, drinking water, control of AIDS and other needs.'
Once in debt, interest is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it; it yields neither to entreaties, demands, or orders; and whenever you get in its way or cross its course or fail to meet its demands, it crushes you.
There is a debt of service due from every man to his country, proportioned to the bounties which nature and fortune have measured to him.
It is always so pleasant to be generous, though very vexatious to pay debts.
Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate; debt, which consumes so much time, which so cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be foregone, and is needed most by those who suffer from it most.
Gratitude is a debt which usually goes on accumulating like blackmail; the more you pay, the more is exacted.
Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity.
If you help others, you will be helped, perhaps tomorrow, perhaps in one hundred years, but you will be helped. Nature must pay off the debt. It is a mathematical law and all life is mathematics.
Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think.
I can get no remedy against this consumption of the purse: borrowing only lingers and lingers it out, but the disease is incurable.
The sum which two married people owe to one another defies calculation. It is an infinite debt, which can only be discharged through all eternity.
I heard a Lannister always pays his debts." "Oh, every penny....but never a groat more. You'll get the meal you bargained for, but it won't be sauced with gratitude, and in the end it will not nourish you.
Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.
true Christians consider themselves not as satisfying some rigorous creditor, but as discharging a debt of gratitude
Men owe us what we imagine they will give us. We must forgive them this debt.
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