A Quote by 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

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Health Also Bad Care Countries Debts Dictators Education Gone Health Care Hussein Illegitimate Like Long Marcos Must Need People Provide Regimes Repay Saddam Saddam Hussein Shelter Since Terrible

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Noreena Hertz
English - Author
Born: September 24, 1967

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

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

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

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

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

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

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

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

Alain de Botton

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

Suze Orman

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

Men who borrow their opinions can never repay their debts.

Edward Wood, 1st Earl of Halifax

You might say those who can't repay their student debts shouldn't have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.

Robert Reich

Debts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it's all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion?

Michael Hudson

You must bind up any wounds you give the earth and you must feed her to replace what you take from her. Every gift she gives, every tree, every stalk of grain, costs her. Only if you repay your debts will she continue to provide.

Morgan Llywelyn

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

A Quote by Noreena Hertz

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