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Debt Quotes

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Debt Quotes

“Come with us,' Emerie offered, eyes lined with silver. Nesta shook her head. 'Consider it the repayment of a debt.' A tear slipped down Emerie's cheek. 'For what?' 'For being my friend. Even when I didn't deserve it.' Emerie's face crumpled. 'There is no debt, Nesta.' But Nesta smiled softly. 'There is. Let me pay it.' Swallowing back her tears, Emerie nodded.”

“In the depths of our winters, we are all wolfish. We want in the archaic sense of the word, as if we are lacking something and need to absorb it in order to be whole again. These wants are often astonishingly inaccurate: drugs and alcohol, which poison instead of reintegrate; relationships with people who do not make us feel safe or loved; objects that we do not need, cannot afford, which hang around our necks like albatrosses of debt long after the yearning for them has passed. Underneath this chaos and clutter lies a longing for more elemental things--love, beauty, comfort, a short spell of oblivion once in a while.”

“How can I describe my life in the years leading up to this moment except in shades of gray? All the scrape and grind of it, all the empty shelves and lost ambition, all the soot grown hard on windows, season after season the only black harvest. The bad news, the debts, the visa applications, the flesh of your arm humping white between a nurse's fingers as she stuck you with a paltry twelve months' protection against whatever new strain of disease, as if bankruptcy or homelessness or a weariness at aping at the motions of life weren't more likely to kill you first.”

“Ours is a country where babies are born with crushing debts, where more than half the country are hungry and homeless, where the rays of modernisation never reach those far-flung remote villages, where there is not network of roads in mountain districts, no safe drinking water or a regular supply of already meagre electricity. We sell the electricity at low price and buy back at high price – what madness is this? Those buggers on the high government chairs should die of shame.”

“In many cases, it was the woman’s stomach—not her heart—that fell for her man.”

“In some cases, it is the woman’s stomach—not her heart—that has left her man for another.”

“Raphael's hand tightened on the hilt of the knife. His knuckles were white. He spoke to Magnus. "I have no soul," he said. "But I made you a promise on my mother's doorstep, and she was sacred to me." "Santiago- " Sebastian began. "I was a child then. I am not now." The knife fell to the floor. Raphael turned and looked at Sebastian, his wide dark eyes very clear. "I cannot," he said. "I will not. I owe him a debt from many years ago.”

“When I visited George Bernard Shaw, in 1948, at his home in Aylot, a suburb of London, he was extremely anxious for me to tell him all that I knew about Ingersoll. During the course of the conversation, he told me that Ingersoll had made a tremendous impression upon him, and had exercised an influence upon him probably greater than that of any other man. He seemed particularly anxious to impress me with the importance of Ingersoll's influence upon his intellectual endeavors and accomplishments. In view of this admission, what percentage of the greatness of Shaw belongs to Ingersoll? If Ingersoll's influence upon so great an intellect as George Bernard Shaw was that extensive, what must have been his influence upon others? What seed of wisdom did he plant into the minds of others, and what accomplishments of theirs should be attributed to him? The world will never know. What about the countless thousands from whom he lifted the clouds of darkness and fear, and who were emancipated from the demoralizing dogmas and creeds of ignorance and superstition? What will be Ingersoll's influence upon the minds of future generations, who will come under the spell of his magic words, and who will be guided into the channels of human betterment by the unparalleled example of his courageous life? The debt the world owes Robert G. Ingersoll can never be paid.”

“Before you start feeling bad about yourself for your debt, this would be a good moment to remind yourself that money doesn't exist--it's just a system of value exchange. That's it. Pure and simple. So, if you have debt, you've received value and you've not given the equivalent value back to the particular party in the exchange yet. That's all it means. It doesn't mean you're a bad person. It doesn't mean you're a screwup. You're not hopeless. You're not a mess. You simply have more value to give.”

“Most women sell sex; most of them just don’t take cash (nor do they each sell to more than one ‘client’ at a time).”

“Years ago, I dated a lovely young woman who was a few thousand dollars in debt. She was completely stressed out about this. Every month, more interest would be added to her debts. To deal with her stress, she would go every Tuesday night to a meditation and yoga class. This was her one free night, and she said it seemed to be helping her. She would breathe in, imagining that she was finding ways to deal with her debts. She would breathe out, telling herself that her money problems would one day be behind her. It went on like this, Tuesday after Tuesday. Finally, one day I looked through her finances with her. I figured out that if she spent four or five months working a part-time job on Tuesday nights, she could actually pay off all the money she owed. I told her I had nothing against yoga or meditation. But I did think its always best to try to treat the disease first. Her symptoms were stress and anxiety. Her disease was the money she owed. "Why don't you get a job on Tuesday nights and skip yoga for a while?" I suggested. This was something of a revelation to her. And she took my advice. She became a Tuesday-night waitress and soon enough paid off her debts. After that, she could go back to yoga and really breathe easier.”

“[A man] finds himself forced by necessity to borrow money. He knows that he will not be able to repay it, but sees also that nothing will be lent to him unless he promises stoutly to repay it in definite time. He desires to make this promise, but he has still so much conscience as to ask himself: Is it not unlawful and inconsistent with duty to get out of a difficulty in this way? Suppose, however, that he resolves to do so, then the maxim of his action would be expressed thus: When I think myself in want of money, I will borrow money and promise to repay it, although I know that I never can do so. Now this principle of self-love or of one's own advantage may perhaps be consistent with my whole future welfare; but the question now is, Is it right? I change then the suggestion of self-love into a universal law, and state the question thus: How would it be if my maxim were a universal law? Then I see at once that it could never hold as a universal law of nature, but would necessarily contradict itself. For supposing it to be a universal law that everyone when he thinks himself in a difficulty should be able to promise whatever he pleases, with the purpose of not keeping his promise, the promise itself would become impossible, as well as the end that one might have in view in it, since no one would consider that anything was promised to him, but would ridicule all such statements as vain pretenses.”

“In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist.”

“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...”