21st century Quote by Michael Moore
“The money to fund great things and innovations and programs is gone in our lifetime; it's all gone to debt. So we won't be able to solve global warming or have the transportation that we needed for the 21st century. We should be supporting people with great ideas, but it's gone, and now it's gotta be paid back with interest to banks in China.”
About This Quote
Funding for innovation is drained by debt and interest, hindering climate solutions and modern transport.
In simple terms: Debt drains money needed for innovation and climate action.
Key Takeaway
Seek alternative financing for critical projects.
Themes
economics
environment
innovation
Mood
urgent
critical
Type
policy
economic
When to use this quote
- government budgeting
- venture capital
- NGO funding
Key Concepts
public finance
climate policy
Questions to Reflect On
- How can we redesign financing for green tech?
- What alternatives exist to bank loans?
A Different Perspective
Interest obligations can be restructured, not eliminated.
