A Quote by Jeffrey Sachs

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

Jeffrey Sachs

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Cancel Debts Obstruction Suggest Would

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Jeffrey Sachs
American - Economist
Born: November 5, 1954

The time has come to end this charade. The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves. Africa should say: 'thank you very much but we need this money to meet the needs of children who are dying right now so we will put the debt servicing payments into urgent social investment in health, education, drinking water, control of AIDS and other needs.'

Jeffrey Sachs

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

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

Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.

Wolfgang Schauble

We do not want Ukraine to default. On the contrary, we need an economically viable partner. However, debts should be paid, and this includes state and commercial debts

Dmitry Medvedev

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

Joyce Meyer

Though debts are condemned in the financial world, the world of friendship and love may perversely depend on well-managed debts.

Alain de Botton

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.

Jeremy Grantham

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

Suze Orman

To suggest that we can't pay our debts - that's absolutely not true.

Phil Gingrey

Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger.

Samuel Johnson

Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay.

Michael Hudson

We want the accursed foreclosure system wiped out.... We will stand by our homes and stay by our firesides by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.

Mary Elizabeth Lease

Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?

Carter Glass

The earth belongs to the living. No man can, by natural right, oblige the lands he occupied or the persons who succeed him in that occupation, to the payment of debts contracted by him. For if he could, he might, during his own life, eat up the use of the lands for several generations to come, and then the lands would belong to the dead, and not to the living. No generation can contract debts greater than may be paid during the course of its own existence.

Thomas Jefferson

A Quote by Jeffrey Sachs

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