A Quote by Kurt Richebacher
A nation that encourages its people to spend more and save less promotes economic backwardness, social decay and its own financial doom.
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The oil is a gift bestowed by God on the Arab nation, to use after centuries of poverty, backwardness and servitude - in raising its living standards, developing its economic, social and cultural conditions, and building up its own power to meet the challenges and conspiracies besetting it.
A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom.
The issue of the pension gap has got to become visible and important to millions of people before Washington will respond seriously. Right now, everyone thinks it's his or her own problem and that individuals have to do better and save more. Of course, that is true. We all have to save more and take responsibility for our own retirement. But we have a huge social and economic problem on our hands.
From a social point of view, it's beneficial that homeownership encourages commitment to a given town or city. But, from an economic point of view, it's good for people to be able to leave places where there's less work and move to places where there's more.
The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.
The Church encourages those in power to be truly at the service of the common good of their peoples. She urges financial leaders to take account of ethics and solidarity. And why should they not turn to God to draw inspiration from his designs? In this way, a new political and economic mindset would arise that would help to transform the absolute dichotomy between the economic and social spheres into a healthy symbiosis.
Our people work more, earn more, spend more. Here they work less, gain less, and spend less, but they are happy! That's what I think. Also, I haven't seen people here drink much, unlike Kerala, where it's almost like bread and coffee for them!
Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.
We need a sustainable system of student finance that promotes opportunity, encourages aspiration, increases social mobility and is governed by fairness. But all the Tories can offer is unsustainable, mounting debt, punishing students for wanting an education. And discouraging thousands of young people from climbing the ladder to a better life.
The link between peace and stability on the one hand, and social and economic growth on the other, is dialectic. Peace, poverty, and backwardness cannot mix in one region.
It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident.
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
The Fascist State lays claim to rule in the economic field no less than in others; it makes its action felt throughout the length and breadth of the country by means of its corporate, social, and educational institutions, and all the political, economic, and spiritual forces of the nation, organised in their respective associations, circulate within the State.
The economic, social and cultural progress of a nation depends on citizens counting for more and having more rights.
All is more or less proper to serve as a common measure, in proportion as it is more or less in general use, of a more similar quality, and more easy to be divided into aliquot parts. All is more or less applicable for the purpose of a general pledge of exchange, in proportion as it is less susceptible of decay or alteration in quantity or quality.
If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.
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