Borrowed Quote by Wolfgang Schauble

That's been lost. It's a huge problem. What you have is you have the major institutions of the world all wanting to deleverage. They…

— Warren Buffett

We've turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into…

— Michael Hudson

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…

— Robert Kiyosaki

Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military…

— David Graeber

We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much.

— Ronald Reagan

We lost our way and allowed greed and excess to become the twin pillars of too much of the financial culture. We became a…

— Tom Brokaw

Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and…

— Ron Fournier

There is a belief, at least on the part of the American people, that they can borrow money forever without consequence.

— Porter Stansberry

In FY 2006, interest payments alone on the national debt cost us $406 billion. . . . What a waste. . . . That…

— Bill Press

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…

— Porter Stansberry

There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom.…

— George Osborne

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

— Jim Cooper