Here, we’ve compiled a list of the best Creditors Quotes from famous persons: Dick Durbin, Anna Deavere Smith, Joseph B. Wirthlin, John George Nicolay, Benjamin Franklin. The wide variety of quotes available makes it possible to find a quote to suit your needs. You’ve likely heard some of the Creditors Quotes before, but that’s because they truly are great.
We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it’s certainly right from a moral viewpoint.
We owe the government taxes. We owe our creditors interest. What do these powers owe us?
The best companies with the strongest credit ratings borrow like the United States: on a non-prioritized basis. This means that in the event of a default, all of their debts are of equal priority because lenders and creditors believe default is highly unlikely. And they spend considerable effort maintaining this status.
We prefer an orderly resolution to the debt crisis and we’re moving in that direction. But the most important thing is that the deal we reach with creditors is sustainable.