“Bad debt is debt that is used to enhance consumption.”
“There's a lot of fraud that is not being identified as fraud, not being measured accurately. It's written off as bad debt. It's bad debt because the guy didn't exist.”
“Debt is the worst poverty.”
“What makes a good leverage financier? One who can effectively control debts and do not allow the debts to control him...”
Zeng Han Jun
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
“Imagine a debt free me. It's possible”
“I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other”
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