“Debts that can't be paid, won't be paid.”

— Michael Hudson (economist)

p 25
Dr. Michael Hudson, KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT BONDAGE DESTROY THE GLOBAL ECONOMY, Islet 2015

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Debts that can't be paid, won't be paid." by Michael Hudson (economist)?

Michael Hudson (economist) 13

American economist 1939

Related quotes

“I paid the price of solitude but at least I'm out of debt.”

Bob Dylan (1941) American singer-songwriter, musician, author, and artist

Song lyrics, Planet Waves (1974), Dirge

“One way or another, today's debts will not be paid.... As long as savings mainly by the 1% takes the form of debt claims on the rest of society, they will grow exponentially to hold the 99% in deepening debt.... If debts to creditors are paid by forced privatization, the public domain and infrastructure will be turned into rent-extraction tollbooth opportunities and economies will be impoverished by rentier austerity.”

Michael Hudson (economist) (1939) American economist

pp 418-419
Dr. Michael Hudson, KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT BONDAGE DESTROY THE GLOBAL ECONOMY, Islet 2015

“The slender debt to Nature's quickly paid,
Discharged, perchance, with greater ease than made.”

Francis Quarles (1592–1644) English poet

Book II, no. 13. Compare: "To die is a debt we must all of us discharge", Euripides, Alcestis, line 418.
Emblems (1635)

“The kiss you take is paid by that you give:
The joy is mutual, and I'm still in debt.”

George Granville, 1st Baron Lansdowne (1666–1735) 1st Baron Lansdowne

Heroic Love, Act V, scene 1; reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), "Kissing", p. 416-19.

“At some time, here or hereafter, every account must be settled, and every debt paid in full.”

John Heyl Vincent (1832–1920) American theologian

Source: Dictionary of Burning Words of Brilliant Writers (1895), p. 361.

“There's not much money - if that's what you mean."
"Approximately."
"Once all the debts are paid there will be very little.”

Bernard MacLaverty (1942) Irish writer

"Nevertheless. Every little helps. The Brothers are sorely in need of it this weather."
Source: Novels, Lamb (1980), Ch.1 - p.12

“A tinker’s debt is always paid:
Once for any simple trade.
Twice for freely given aid.
Thrice for any insult made.”

Patrick Rothfuss book The Name of the Wind

Source: The Name of the Wind (2007), Chapter 1, “A Place for Demons” (p. 5)

“It is most likely that the author was the only one who owed and paid a debt of tears. I know something about this but not all the details.”

Zhiyanzhai

Note in the first chapter of an 1814 version of The Story of the Stone, as quoted by Liu Zaifu in Reflections on "Dream of the Red Chamber", trans. Shu Yunzhong (Cambria Press, 2008), p. 197

“Between 1999 and 2004 there was no investment in Australia, it all went into housing and consumption all borrowed on the current account. When Peter Costello runs around saying, 'Oh we've paid off the debt,' it's like the pea and thimble trick. The Government debt or the massive private debt abroad? It's continuing to grow.”

Paul Keating (1944) Australian politician, 24th Prime Minister of Australia

7:30 Report interview, May 8, 2006

“I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter http://etext.virginia.edu/jefferson/quotations/jeff1340.htm to James Madison (6 September 1789) ME 7:455, Papers 15:393
1780s

“Debts that can't be paid, won't be paid.”

Help us to complete the source, original and additional information

Michael Hudson (economist) 13

Related quotes

Related topics