“Russia increasingly lived on short-term borrowing. Now, this was an extraordinary merry-go-round.”
Jeffrey Sachs
“Neither a borrower, nor a lender be; for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.”
William Shakespeare
“If you would know the value of money, go and try to borrow some; for he that goes a- borrowing goes a-sorrowing”
Benjamin Franklin
“In our industry, more borrowing means we are making more money and growing, ... Our business is simple: We borrow money from banks at approximately 7 percent and loan that money out to our customers at a much higher rate. So our bank debt only goes up when consumer demand for our loans goes up.”
Dave Davis
“Before borrowing money from a friend, decide which you need more.”
Addison H. Hallock
“He that goes a borrowing goes a sorrowing.”
“Let us not bankrupt our todays by paying interest on the regrets of yesterday and by borrowing in advance the troubles of tomorrow.”
Ralph W. Sockman
