“Things that can't go on forever, won't. Debts that can't be paid, won't be.” ForeverGoes OnPaidDebt Author:Glenn Reynolds
“Of course I'm troubled by huge consumer debt levels - we've pushed consumer credit very hard in the US. Eventually, if it keeps growing, it will stop growing. As Herb Stein said, "If something cannot go on forever, it will stop." When it stops, it may be unpleasant. Other than Herb Stein's quote, I have no comment. But the things that trouble you are troubling me.” IfsMaySaidHardCoursesLevelsForeverGrowingTroubleHugeGoes OnCreditDebtConsumersCommentHerbs Author:Charlie Munger
“[Puerto Rico] losing not just taxpayers, but professionals, people who are vital to their communities. I don't think that is good. So undoubtedly, if what we are facing in Puerto Rico in terms of budget and debt goes on, if it continues, it would be a disaster for the island.” PeopleIfsThinkingWould BeTermCommunityGoes OnLosingDebtDisasterBudgetsIslandsTaxpayersPuerto RicoRico Author:Marco Rubio
“Let the Democrates go on making its case for more government control over every aspect of our lives. More taxes to pay. More debt to carry. More rules to follow. More judges who just make it up as they go along. We Republicans, we are committed to a federal government that acts again as a servant accountable to the people, following the constitution, and venturing not one inch beyond the consent of the governed. We, we in this party, offer a better way for our country based on fundamentals that go back to the founding generation.” PeopleWayCountryGovernmentPartyPayCasesOur LivesGenerationsJudgingGoes OnRepublicanOffersTaxesAspectConstitutionFundamentalsCommittedFollowingDebtOur CountryServantInchesConsentFederal GovernmentFoundingBetter WaysConsent Of The Governed Author:Paul Ryan
“The film [Payback: Debt and the Shadow Side of Wealth] opens with an Albanian blood feud and goes on to delve into, for instance, prison systems, underpaid tomato pickers, the gulf oil spill. It's all woven together in a sensuous, oblique way that's not the same as the single-message kind of documentary we're used to, with an "answer" at the end. It's more like an exploration. Sort of like what you do with Birth of a Nation.” WayKindEndsTogetherFilmUsedNationsSidesWealthAnswersBloodGoes OnBirthMessagesShadowPrisonDebtOilInstanceExplorationDocumentariesWovenSpillsTomatoesSensuousPaybackFeudsOil SpillUnderpaidAlbanianPrison SystemShadow Side Author:Margaret Atwood
“I often think that the reason capitalism hasn't completely destroyed everything is that a huge amount of anti-capitalist endeavor goes on, from labors of love, nurture, friendship, and barter to gift economies and different kinds of exchanges, not just one alternate model but a whole host of other ways in which we engage with each other and with the world that aren't financial and debt-based.” ThinkingWorldWayKindDifferentReasonWholeEconomyHugeGoes OnAmountModelsCapitalismLaborFinancialDebtDestroyedJust OneEndeavorHostCapitalistDifferent KindsNurtureLabor Of Love Author:Rebecca Solnit