Quote of the Week #6

April 8, 2009 by Alpha Dinar

 

“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”

- John Maynard Keynes

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Tags: Finance Quote, Wall Street Quotes

This entry was posted on Wednesday, April 8th, 2009 at 6:55 am and is filed under Quotes, Weekend Edition. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “Quote of the Week #6”

1. keynesian09 says:

   April 8, 2009 at 6:59 am

   What if everyone owes billions? Did I just hear trillions?!

   [Reply]
2. Ra'ad says:

   April 8, 2009 at 10:02 am

   Then, future tax payers have the problem!

   [Reply]
3. keynesian09 says:

   April 8, 2009 at 4:52 pm

   Do they really need to pay? The US accumulated debts like never before and its currency is still strong.

   [Reply]
4. Ra'ad says:

   April 8, 2009 at 6:04 pm

   “There is no free lunch”… Something has to give.

   [Reply]