People willy-nilly borrow for consumption. Civil servants willy-nilly borrow for consumption and then wonder why they don't have enough money at the end of the month.
I think that we're all, as human beings, so limited. If we want to write about ourselves, that's fairly easy. And if we write about our friends or our families, we can do that. But if we want to project ourselves somewhere beyond our personal experience, we're going to fail unless we get that experience or we borrow it from others.
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
The financial security of all Americans - their retirement savings, their home values, their ability to borrow for college, and opportunities for more and higher-paying jobs - depends on our ability to restore our financial institutions to sound footing.
A weightlifter should be able to do everything and borrow things from other sports to beat competitors.
The old-fashioned idea is that responsibility falls upon those who borrow and lend. Money was not borrowed by campesinos, assembly plant workers, or slum-dwellers. The mass of the population gained little from borrowing, indeed often suffered grievously from its effects.
I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy.
You can always make a film somehow. You can beg, borrow, steal the equipment, use credit cards, use your friends' goodwill, wheedle your way into this or that situation. The real problem is, how do you get people to see it once it is made?
A lot more people are willing to invest in bonds denominated in euros. And there was the fiscal discipline argument, which is that this tied the hands of countries the market hasn't always trusted, which also helped them borrow at low rates.
Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates.
I had the good fortune to be raised in the 1940s and the 1950s. As I entered business in the late 1950s and 1960s, America was just coming into its own as a great industrial power. It allowed young entrepreneurs to start their engines, to start their businesses, to borrow a little money and to leverage what they had.
It doesn't make a lot of sense for us to borrow money from the Chinese to go give to another country for humanitarian aid. We ought to get the Chinese to take care of the people.