“There are programs to help lower their interest rates. To help get them out of debt...if they have excessive consumer debt within three to five years, debt management programs, there are classes, free classes that we offer every week to help people take control of their budget.”
Todd Christensen
“With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.”
Bill Gross
“Solvency is maintained by means of a national debt, on the principle, ''If you will not lend me the money, how can I pay you?”
Ralph Waldo Emerson
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
Thomas Jefferson
“I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other”
James Madison
“Bad debt is debt that is used to enhance consumption.”
Gary Schatsky
“Enron got in trouble with too much debt. Investors and analysts didn't realize how much debt they had because it was hidden.”
Mike Barbis
