debt

When you are willing to be everything that you are, you become an infinitely creative source for everything in your life - including money.

It__ time to ask why [the United States] is the only country in the world where we permit our children to be saddled with tens _ sometimes hundreds _ of thousands of dollars of debt before they begin to earn a penny.

Here is an equation worth remembering: Five dollars earned minus seven dollars spent = Unhappy Life." (Life Hacks, p.51)

A Debt Problem Is, At Its Core, a Budgeting Problem.

And don't tell me debt is not a big deal. Debt will cut off your legs and laugh at you as you grovel in the dirt begging for mercy. If you don't need it, don't get it. If you can't afford it, don't get it. If you're already in debt, get out quickly. If you think you'll never get out, you're right, you won't.

Every time you borrow money, you're robbing your future self.

...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...

In fact this is precisely the logic on which the Bank of England__he first successful modern central bank__as originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank__n effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist.

[Credit is a system whereby] a person who can't pay, gets another person who can't pay, to guarantee that he can pay.

The ideas of debtor and creditor as to what constitutes a good time never coincide.

In some cases, it is the woman__ stomach__ot her heart__hat has left her man for another.

In many cases, it was the woman__ stomach__ot her heart__hat fell for her man.

All those who seek to destroy the liberties of a democratic nation ought to know that war is the surest and shortest means to accomplish it.

Nature is an expert in cost-benefit analysis,' she says. 'Although she does her accounting a little differently. As for debts, she always collects in the long run...

As Charles Darwin said,'The economy shown by Nature in her resources is striking,'' says the Spirit. 'All wealth comes from Nature. Without it, there wouldn't be any economics. The primary wealth is food, not money. Therefore anything that concerns the handling of the land also concerns me.

Unless, of course, one chose to join the increasing numbers who had decided they were so deep in despair that there was nothing worse to fear in life. These were men who had finally, and so early, so surprisingly early seen enough of something in their own ives and in the lives around them to convince them of the final futility of efforts of efforts to break the mean monthly cycle of debt and borrowing, borrowing and debt.

__e must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.

Money is sacred as everyone knows... So then must be the hunger for it and the means we use to obtain it. Once a man is in debt he becomes a flesh and blood form of money, a walking investment. You can do what you like with him, you can work him to death or you can sell him. This cannot be called cruelty or greed because we are seeking only to recover our investment and that is a sacred duty.