A Quote by Jeffrey Sachs

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

Jeffrey Sachs

Quote Topics

Aid Being Days Debt Demands Early Early Days Fictional Hook Just Off Out Program Ran Real Reserves Russia Until Were Western Western World World

Quote Author

Jeffrey Sachs
American - Economist
Born: November 5, 1954

If you are able to settle, you'll be getting off rather easy. Debt settlement companies can sometimes get you off the hook for a large percentage of your debt - in many cases, up to 50% will be written off.

Jean Chatzky

Countries which receive aid do graduate. Within a generation, Korea went from being a big recipient to being a big aid donor. China used to get quite a bit of aid; now it's aid-neutral.

Bill Gates

LFC is not servicing debt other than stadium debt.

John W. Henry

I have younger friends who are in this pinch where they feel they've been counted out before they've had a chance to prove themselves. They've inherited a lot of debt - not just student debt but environmental debt, political debt. They really feel squeezed.

G. Willow Wilson

Goals work. Pick one debt, and then put every dime into paying down that one debt. Once that debt is paid off, start paying down the next debt. Pretty soon it's time to move from paying debt to building savings.

Elizabeth Warren

I use a "Debt Dash" approach to paying off debt. I recommend people focus on paying off the debt with the lowest balance first. So if the primary has less debt you would focus on that.

Michelle Singletary

The reason the world is in the spot it's in is because North Korea entered into an agreement and then did not keep up their terms of the agreement. They received aid in return for promising not to develop nuclear weapons. They took the aid, they ran with the aid and then they developed a nuclear weapons anyway.

Ari Fleischer

Uganda's budget is 40 percent aid-dependent. Ghana's budget is 50 percent aid-dependent. Even if you cancel the debt, you don't eliminate that aid dependency. This is what I mean by getting to the fundamental root causes of the problem. Government, the state sectors in many African countries need to be slashed so that, you know, you put a greater deal of reliance on the private sector. The private sector is the engine of growth. Africa's economy needs to grow but they're not growing.

George W. Bush

I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.

Sergei Lavrov

I did go to an MFA program, at Bowling Green State University in Ohio. For me, it worked perfectly. It was a small program. They only take five fiction writers a year, and they fund all of us - you don't go into debt to get an MFA. It's not like getting an MBA - you're not going to buy yourself out.

Anthony Doerr

First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.

Sallie Krawcheck

I ran track in high school very competitively, and then ran it D-1 at Boston University. I ran there on an athletic scholarship and chose BU because they had both a good track program and an arts program.

Uzo Aduba

In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

John Kenneth Galbraith

My mother was being hounded by a debt collector over a debt that she didn't owe, and she eventually just paid it because she wanted the calls to stop. I was very surprised. It sounded so strange. I started poking around on the internet and found this was extremely common. There was this world where these debts were sold off by the banks for pennies on the dollar and bought and sold.

Jake Halpern

Our waterboarding program is based on the U.S. military training program... tens of thousands of U.S. servicemen were waterboarded pursuant to this program to prepare them for the possibility of being captured someday so that they would know what it felt like.