Quotes of All Topics . Occasions . Authors
The creditor hath a better memory than the debtor.
The United States appears to be a debtor nation in perpetuity.
We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.
On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.
The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.
It's an open secret that if a debtor is willing to wait long enough, he can probably get away with paying almost nothing, as long as he doesn't mind hurting his credit score.
But Paul, in his preaching of the Gospel, is a debtor to deliver the word not to Barbarians only, but also to Greeks, and not only to the unwise, who would easily agree with him, but also to the wise.
As you know, the United States has been a net debtor to the world each year since 1976, I believe. We've put a huge amount of dollars out into the world and those dollars have to be recycled in some way.
That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.
