A Quote by Arundhati Bhattacharya

When borrowers anticipate that politicians might cancel their loans, they stop paying.

Arundhati Bhattacharya

Quote Topics

Anticipate Borrowers Cancel Loans Might Paying Politicians Stop

Quote Author

Arundhati Bhattacharya
Indian - Businesswoman

Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.

Michael Hudson

If banks anticipate government will come to the rescue should the credit market go badly awry, they may make loans that would otherwise be imprudent, e.g. subprime loans with little prospect of repayment.

Eric Maskin

Trailer home borrowers, mostly near the bottom of the economic ladder, often default on their loans.

Alex Berenson

Too often, borrowers who need quick cash end up trapped in loans they can't afford.

Richard Cordray

My investigation found Sallie Mae put student borrowers into expensive subprime loans that it knew were going to fail.

Lisa Madigan

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

Charles Duhigg

For too many years, politicians in Washington have been eager to pledge more hard-earned taxpayer dollars to help deal with the student debt load. But this doesn't sit right with the many Americans who take pride in making fiscally responsible choices and paying off their loans on time.

John Kline

While payday loans are often the only source of credit for low-income Americans, these lenders are notorious for predatory practices that cause borrowers to fall deeper into debt.

Seth Moulton

When [Steven Lerner] says that unions and so forth are "dead," he's talking about clout. He's talking about power. But "community organizations," the ACORN types, these are the groups that can successfully organize a strike - a strike meaning people just stop paying back on their loans.

Rush Limbaugh

Take the whole range of imaginative literature, and we are all wholesale borrowers. In every matter that relates to invention, to use, or beauty or form, we are borrowers.

Wendell Phillips

When you forgive, you must cancel the debt. Do not spend your life paying and collecting debts.

Joyce Meyer

There is nothing like a concrete life plan to weigh you down. Because if you always have one eye on some future goal, you stop paying attention the the job at hand, miss opportunities that might arise, and stay fixedly on one path, even when a better, newer course might have opened up.

Indra Nooyi

We're going to stop paying the interest on Leliqs that Argentines are paying for every day.

Alberto Fernandez

Average Americans need to stop reading and watching the corrupt corporate media. They should immediately stop subscribing to them, stop advertising with them, and stop paying attention to them.

Mollie Hemingway

In Puerto Rico, there has developed a culture of taking out loans and not paying them back. That has ended.

Eduardo Bhatia

A world where wages no longer rise still needs consumers. Middle-class purchasing power has been maintained through loans, loans and more loans. The Calvinistic reflex that you have to work for your money has turned into a license for inequality.

Rutger Bregman

A Quote by Arundhati Bhattacharya

Quote Topics

Quote Author

Related Quotes

Related Authors