A Quote by Horst Koehler

Korea's early repayment of the full amount of loans from the IMF is a major milestone. — © Horst Koehler
Korea's early repayment of the full amount of loans from the IMF is a major milestone.
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.
There's a reason that there are oodles of young Aussies, Germans, Japanese, even Chinese backpackers traipsing around the world. They are unencumbered by debilitating student loans. No such luck for the American Theater Arts major with $120,000 in loans.
The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that the IMF may be doing more harm than good. On the right, there's the view that it represents a form of corporate welfare that is counter to the IMF's own ideology of markets. But anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. If the IMF weren't there, it would probably be reinvented. So the issue is fundamentally reform.
Americans are gathering the courage to just say no. We are saying no to addictive consumer lifestyles. We are saying no to wars and corporate takeover and the IMF loans that gobble up people and their resources.
We interpret our agreement with the IMF - our participation in the IMF's system of cooperation - as a borrowing agreement. The IMF sees it as an economic policy agreement. This is not in our interest.
I had served in the Republic of Korea in the early '80s while I was on active duty as a director of intelligence for U.S. forces Korea, and kind of followed developments on the peninsula ever since.
The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.
I have full confidence in the IMF. It is a very strong international institution.
When you are 20, 40 looks really old. When I was nearing 30, that seemed like a major milestone.
It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. They're actually extending more debt, more loans to Greece.
Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.
Thanks to you, we've reached a milestone. The first time in our nation's history that a woman will be a major party's nominee.
Parents vary in their sense of what would be suitable repayment for creating, sustaining, and tolerating you all those years, andwhat circumstances would be drastic enough for presenting the voucher. Obviously there is no repayment that would be sufficient . . . but the effort to call in the debt of life is too outrageous to be treated as anything other than a joke.
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.
With every milestone that I've come across, there's always been a little note at the bottom that's said, 'Don't worry, there's another milestone coming up.'
Our focus is more on secured retail business like housing and car loans. While we will do some unsecured loans - credit cards and personal loans - we will do it primarily with existing customers.
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