Debt Quotes - Page 23

• You'll feel better when you get all that debt off your back.

  Michelle Singletary

  Feel Better, Feels

  Source: live.washingtonpost.com

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• You still need to save but being debt-free in retirement is and should be a goal.

  Michelle Singletary

  Retirement, Debt Free, Goal

  "Color of Money Live". The Washington Post Live Chat, live.washingtonpost.com. January 21, 2016.

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• At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.

  Wolfgang Schauble

  Europe, Oil, Worry

  Source: www.spiegel.de

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• Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.

  Wolfgang Schauble

  Important, Psychological, Signals

  Source: www.spiegel.de

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• Donald Trump got himself very far to the left. When he was considering running for president in 2000, he was for a 13 percent wealth tax on wealthy people to retire the national debt.

  Chris Hayes

  Running, People, President

  Source: www.msnbc.com

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• I'm not a fan of debt consolidation. In my experience, many people "clear" credit cards and other debt to get the one payment and never change what they need to change to prevent getting into debt again.

  Michelle Singletary

  People, Fans, Needs

  "Color of Money Live". Live Chat, live.washingtonpost.com. January 28, 2016.

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• I love Black Sabbath. They made an amazing contribution to music today. Almost every band that made it big in the Nineties owed a debt to them.

  Dave Grohl

  Black, Band, Today

  Source: www.gq-magazine.co.uk

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• One of my big inspirations was Céleste Mogador. She was a courtesan who wrote her memoirs in order to pay off her debts, which is a hilarious gesture.

  Alexander Chee

  Inspiration, Order, Gestures

  Source: therumpus.net

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• For a hundred years we have been one of the largest oil-producing countries in the world but with a 60 percent poverty rate and now we are canceling the historical debt.

  Hugo Chavez

  Country, Oil, Years

  Source: progressive.org

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• A very simple bad decision is to get into debt. And that is very expensive.

  Dan Ariely

  Simple, Decision, Expensive

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• Not all debt is bad. From time to time we should get into debt when there's a good reason for that.

  Dan Ariely

  Reason, Should

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• The problem is that people basically dangle debt in front of us. And the cost for the poor of course is much higher than for the wealthy.

  Dan Ariely

  People, Cost, Problem

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.

  Dan Ariely

  Mistake, Simple, Thinking

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• Imagine you owe on five credit cards, you owe five debts. So which debt should you pay first? And the answer is very simple: You should pay the one with the highest interest rate first. But that's not what people do.

  Dan Ariely

  Simple, People, Pay

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• What people do is they pay the small loans first. Why? Because they enjoy making the number of loans smaller. But of course it is a very ineffective way to pay debt down.

  Dan Ariely

  Numbers, People, Pay

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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• I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.

  Bernie Sanders

  Crush, Country, Wall

  Bernie Sanders during Democratic Presidential Candidates Debate at the University of New Hampshire in Durham, New Hampshire, www.nytimes.com. February 5, 2016.

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• There is a lot of fiscal conservatives in the United States senate that didn't vote for that because we understand that national security spending is not the reason why we have a debt. Our debt is being driven by the way Social Security, Medicare, and Medicaid and, by the way, the interest on the debt is structured in the years to come.

  Marco Rubio

  Medicare And Medicaid, Years, United States

  Source: www.foxnews.com

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• Nobody gets killed when they're happy. It always starts with an argument, or a debt.

  Danny Trejo

  Argument

  Source: theindiespiritualist.com

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• We have to do more to make it easier for parents to balance work and family. If you left college with a ton of loans, it`s not enough just to make college more affordable. You need help right now with the debt you already have.

  Hillary Clinton

  College, Parent, Balance

  Source: www.msnbc.com

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• When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?

  George Friedman

  Country, People, Want

  Source: www.businessinsider.com

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• The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.

  George Friedman

  Chinese, United States, Rich

  Source: www.businessinsider.com

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• There is no difference in a country between military, economic, and political affairs. It's useful for Business Insider to divide things that way. That's useful for a college program. But a country is a country. How do you understand China's economy without China's army? If you take these all into account you're ready to explain a question like, "How come the US doesn't have a debt problem?"

  George Friedman

  Country, Military, Army

  Source: www.businessinsider.com

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• Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.

  George Friedman

  Italian, Europe, Germany

  Source: www.businessinsider.com

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• Donald Trump refused to outline a health care plan. And they just kind of moved on, instead of pressing him on it. He gave a ridiculous answer on the national debt. And they moved on without pressing him on it. No other candidate could have gotten away with that. So, I think there's a weird bias here in the media rooting for Donald Trump, because they know he's the easiest Republican to beat.

  Marco Rubio

  Thinking, Media, Moved On

  Source: www.cbsnews.com

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• The future of the Democratic Party, the future of this country is involving young people in the political process, getting them to stand up for their rights, dealing with student debt, which I got to tell you is just crushing people all over this country, making public colleges and universities tuition free, those are the ideas we are bringing out, demanding the wealthy and large corporations start paying their fair share of taxes. This is what younger people, working class people want. That is the future of the Democratic Party.

  Bernie Sanders

  Crush, Country, Party

  Source: www.cbsnews.com

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