Borrowers Quote by Mike Belkin

At some point, there will be some other financial crisis. It's in the nature of a capitalist system.

— Lee Hsien Loong

A default on our debts as a result of not meeting our obligations would be a disaster for the stock market, and Americans would…

— Charles B. Rangel

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times…

— Mark Zandi

Debtors will seek to cancel their debts. Creditors will try to collect, and the more they succeed, the more they will impoverish the economy.

— Michael Hudson

Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently…

— Ludwig von Mises

A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.

— Robert Kiyosaki

The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to…

— Ronald Reagan

Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay…

— Nancy Dunnan

I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the…

— Max Keiser

There is absolutely no way that the U.S. will ever default on its debt. We are not going to do that.

— Mick Mulvaney

If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally…

— Jerome Powell

When bond prices fall, interest rates soar, with painful consequences for all borrowers.

— Niall Ferguson