A Quote by Arundhati Bhattacharya

Waiving debts corrupts the credit culture.

Arundhati Bhattacharya

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Corrupts Credit Culture Debts

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Arundhati Bhattacharya
Indian - Businesswoman

All culture corrupts, but French culture corrupts absolutely.

Lawrence Durrell

He that sells upon Credit expects to lose 5 per Cent. By bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.

Benjamin Franklin

In Heaven, there are no debts - all have been paid, one way or another - but in Hell there's nothing but debts, and a great deal of payment is exacted, though you can't ever get all paid up. You have to pay, and pay, and keep on paying. So Hell is like an infernal maxed-out credit card that multiplies the charges endlessly.

Margaret Atwood

It is probably true that business corrupts everything it touches. It corrupts politics, sports, literature, art, labor unions and so on. But business also corrupts and undermines monolithic totalitarianism. Capitalism is at its liberating best in a noncapitalist environment.

Eric Hoffer

It has often been said that power corrupts. But it is perhaps equally important to realize that weakness, too, corrupts. Power corrupts the few, while weakness corrupts the many. Hatred, malice, rudeness, intolerance, and suspicion are the faults of weakness. The resentment of the weak does not spring from any injustice done to them but from their sense of inadequacy and impotence. We cannot win the weak by sharing our wealth with them. They feel our generosity as oppression.

Eric Hoffer

Debt vultures are really the scum at the bottom of the pond. These are guys who buy up the debts of the world's poorest countries on the secondary market. You can go buy debts of a country like Peru, for example, at a real discount. Why? Because people think that the debts won't be repaid.

Noreena Hertz

Power corrupts the few, while weakness corrupts the many.

Eric Hoffer

As rust corrupts iron, so envy corrupts man.

Antisthenes

If power corrupts, the reverse is also true; persecution corrupts the victims though perhaps in subtler and more tragic ways.

Arthur Koestler

You know, 'power corrupts, and absolute power corrupts absolutely'? It's the same with powerlessness. Absolute powerlessness corrupts absolutely. Einstein said everything had changed since the atom was split, except the way we think. We have to think anew.

Studs Terkel

Power corrupts, and PowerPoint corrupts absolutely.

Vinton Cerf

Countries that need monies so that they can provide health care and education and shelter to their people shouldn't have to repay debts that we knowingly lent to bad regimes long since gone; and all illegitimate debts - debts lent to these terrible dictators like Saddam Hussein, like Suharto, like Marcos - must also be canceled.

Noreena Hertz

Let us run up debts. One is nobody without debts.

Muriel Spark

The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.

Jeffrey Sachs

Gratitude is like credit; it is the backbone of our relations; frequently we pay our debts not because equity demands that we should, but to facilitate future loans.