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Debt cancellation must be effected. It's really obscene that poor countries become net exporters of capital due to debt.


Thabo Mbeki

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The call for debt cancellation is welcome, but debt does not just go away.
NOAM CHOMSKY Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty...
BILL CLINTON Last summer, President Bush and other world leaders promised debt cancellation to the world's most i...
NEIL WATKINS It's good that the IMF realized that they couldn't wriggle out of promised debt cancellation. The IM...
MAX LAWSON President Bush and Prime Minister Blair made great progress and Gordon Brown and John Snow agreed on...
JAMIE DRUMMOND The IMF realized that the world was watching, and they couldn't deny millions of people the promised...
MAX LAWSON While the rich loves investment debt,the poor loves vanity debt.
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) The rich loves the positive type of debt,but the poor loves the negative type of debt.
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) Again and again the rich countries procrastinate and delay. They must do the debt deal this weekend.
BERNICE ROMERO Education: A debt due from present to future generations.
GEORGE PEABODY There is no doubt that Malawi needs 100 percent debt cancellation as soon as possible, and I will do...
JEFFREY SACHS Having been in the presidency from the time of Mandela to that of Zuma, I am one of the privileged f...
FRANK CHIKANE Worrying is like paying on a debt that may never come due.
WILL ROGERS If you paid down credit-card debt that would reduce the net value of your savings.
KALMAN CHANY You go public because you want access to capital in the form of debt and equity.
BARRY STERNLICHT Everyone born into capitalism has incurred a debt to it. Give Caesar his due.
CAMILLE PAGLIA As world leaders gather in New York, we are still decades away from meeting the modest Millennium De...
NEIL WATKINS But learn that to die is a debt we must all pay.
EURIPIDES Science does not know its debt to imagination.
RALPH WALDO EMERSON President Thabo Mbeki will meet with the UN secretary-general within the context of South Africa's c...
RONNIE MAMOEPA The objective of debt relief is to free up resources to improve the lot of the poor.
PEDRO ALBA Bad debt is debt that is used to enhance consumption.
GARY SCHATSKY The proposal will cancel 100 per cent of the World Bank, African Development Bank and IMF debt, and ...
SCOTT MCCLELLAN We've been helped by the markets but the great thing about Chase is its balance. We are the world's ...
MARC SHAPIRO An example of good debt is the debt on the apartment houses I own. That debt is good only as long as...
ROBERT KIYOSAKI Death is a debt we all must pay.
EURIPIDES Seeing that he owns absolutely nothing to ‘repay’ his debt, ‘his own consciousness’ of the f...
SYED MUHAMMAD NAQUIB AL-ATTAS Be quick to repay your debt, if you can't, then ask for debt forgiveness
SOTONYE ANGA A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at...
WILL ROGERS I'm very optimistic that early next year we might be debt-free or have very little debt.
FRANK STRONACH Some of you, we all know, are poor, find it hard to live, are sometimes, as it were, gasping for bre...
HENRY DAVID THOREAU In 2005, we executed a dynamic drilling program, posted a 16.2 percent daily production increase, ac...
MARK G. PAPA The amount of U.S. debt held by countries such as China and Japan is at a historic high, with foreig...
EVAN BAYH I have younger friends who are in this pinch where they feel they've been counted out before the...
G. WILLOW WILSON Energetic action on debt would make a radical difference to the prospects of many of the poorest cou...
KENNETH CLARKE The men who start out with the notion that the world owes them a living generally find that the worl...
WILLIAM GRAHAM SUMNER The men who start out with the notion that the world owes them a living generally find that the worl...
WILLIAM GRAHAM SUMNER Do not run into debt with a rich man, or promise anything to a poor one.
VIKRANT PARSAI I have been working for Africans since I was 18, when I got involved with the Nelson Mandela concert...
BONO has operated with an extremely burdensome level of debt, which has limited capital expenditures duri...
DAVID STANLEY That second man has his own way of looking at things; asks himself which debt must I pay first, the ...
RALPH WALDO EMERSON To vote is like the payment of a debt, a duty never to be neglected, if its performance is possible.
RUTHERFORD B. HAYES The wealth of the country, its capital, its credit, must be saved from the predatory poor as well as...
JAMES J. HILL This quarter's disappointing net loss occurred during one of the most severe global market dislocati...
FRANK NEWMAN The ratings on Sri Lanka are vulnerable due to the country's high government debt and ongoing large ...
AGOST BENARD Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt...
SUZE ORMAN We had strong sales across the company and ended the year with the lowest net debt in 10 years.
BILL SWANSON Promises make debt, and debt makes promises.
DANISH PROVERB Promises make debt, and debt makes promises.
DUTCH PROVERB Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It'...
NOAM CHOMSKY A Debt Problem Is, At Its Core, a Budgeting Problem.
NATALIE PACE Operating revenues from the Rose Garden -- including all the revenues from suites, club seats, conce...
PAUL ALLEN I must say, I never expected to see the day where I would be talking about anything other than reduc...
ALAN GREENSPAN Repaying the debt of these ultimate sacrifices seems nearly impossible but we must try.
MICHAEL N. CASTLE We are also praying for t strength of the peso since only 5 percent of our capital is equity [and 95...
CYRIL DEL CALLAR We can recognize and give credit where credit is due, to the debt of taste we owe Europe, but we hav...
BILLY BALDWIN When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or ha...
JAMES DELAGARZA The Republican argument that raising the debt ceiling encourages additional future spending is logic...
ELIOT SPITZER If I'm going to be the nagging mother type, if you have a lot of debt, especially high-interest cred...
KAY BELL Debt is the basis of man's existence in life,without debt no life.
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But ...
PETER WELCH Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm...
ROBERT KIYOSAKI The debt management plan is really a repayment plan.
DEANNE LOONIN This erases our debt completely. We're just really excited.
JAN MILLER First our pleasures die - and then our hopes, and then our fears - and when these are dead, the debt...
PERCY BYSSHE SHELLEY To live debt free is good and godly
SOTONYE ANGA The budget should be balanced, the treasury should be refilled, public debt should be reduced, the a...
MARCUS TULLIUS CICERO Debt relief is considered to be aid.
AMADEU ALTAFAJ The debt is going to be crushing.
LARRY SABATO Credit card debt is almost always bad. At the very least, make sure that the amount of credit card d...
JAMES KIBLER You cannot spend your way out of a recession or borrow your way out of debt... You know and we know ...
DANIEL HANNAN This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation...
PAUL RYAN Hopefully WorldCom will not use its debt-free status to start a price war.
JEFF KAGAN Hospitals that get sold are those that can't cover debt or get their debt-to-asset ratios way out of...
DAVID PLOSS The moment a large investor doesn't believe a government will pay back its debt when it says it ...
ANDREW ROSS SORKIN I think people really have a much better understanding of the cost of capital and clearly with debt ...
DAVID LANG We are opportunistic. We have a very significant war chest. Our net debt is around $3 billion. It's ...
ANDREI GAIDAMAKA Some have been ensnared in the net of excessive debt. The net of interest holds them fast, requiring...
JOSEPH B. WIRTHLIN We need that 500 to become customers in order for us to have the base that we need to pay down the d...
LORENZO CARMON Every generation has an obligation to leave its children in a better position than it inherited. Our...
DAVID MALPASS The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be...
MARCUS TULLIUS CICERO Escaping from credit card debt can seem overwhelming. These calculators help consumers visualize the...
JUSTIN MCHENRY If the current birth rate, which is the lowest in the major developed countries, continues, there wi...
JIM ROGERS Due to uncertainty over interest rates, along with the bull-run on the stock market, institutional i...
KATSUTOSHI INADOME Typically, students slide into debt through the extension (by credit card companies) of unaffordable...
ROBERT MANNING Enron got in trouble with too much debt. Investors and analysts didn't realize how much debt they ha...
MIKE BARBIS Never buy what you are not used to buying on credit,for you may never be able to pay when the debt i...
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) This cancellation was not due to anything Palm Springs did or didn't do.
AFTAB DADA Hee that gets out of debt, growes rich.
GEORGE HERBERT In fighting the debt crisis, E.U. countries have enhanced co-operation and carried out reform with t...
LI KEQIANG Debt ceiling is something that, you know, any time the president asks for the authority to increase ...
RON JOHNSON You know the most important thing the Americans did for Iraq apart from liberating the country from ...
AHMED CHALABI The ruling passion of the age is to convert wealth into debt in order to
derive a permanent fut...
FREDERICK SODDY Work now or forever be in debt.
DEDRICK D. L. PITTER I see very little other sources of financial catastrophe than credit-card debt,
ELISSA BUIE Mr. President, that whimsical English professor, Dr. Parkinson, should formulate another Parkinson's...
EVERETT DIRKSEN Expansion via debt is a good move for Chocolates, which has zero debt now. It may put the company on...
EDGAR JIMENEZ Anything Deere can do to reduce its debt burden when the market is soft makes sense.
ELI LUSTGARTEN The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the a...
MARCUS TULLIUS CICERO With all this consumer debt, business debt, government debt, smaller movements in interest rates hav...
BILL GROSS

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