70 Bankruptcy Quotes
Following is our list of bankruptcy quotations and slogans full of insightful wisdom and perspective about .
Famous Bankruptcy Quotes
There's a danger our fiscal bankruptcy might overtake our moral bankruptcy. — Mort Sahl
Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest. — Napoleon Bonaparte
It is the debtor that is ruined by hard times. — Rutherford B. Hayes
Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no. — Barbara Mikulski
These are stupid people that say, ‘Oh didn’t Trump declare bankruptcy? Didn’t he go bankrupt?’ I didn’t go bankrupt. — Donald Trump
It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay. — Ralph Waldo Emerson
On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died. — Gore Vidal
One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt. — Lee Iacocca
If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds. — Garet Garrett
If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem. — J. Paul Getty
We came out of the White House not only dead broke, but in debt. — Hillary Clinton
The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy . — Karl Marx
Bailouts may have been more tolerable in the early 1990s when they were rare and their use for a failing bank was uncertain. — Jerome Powell
Instead of bailing out Wall Street for the fourth time.. let's bail out the students. — Jill Stein
The debt is like a crazy aunt we keep down in the basement. All the neighbors know she's there, but nobody wants to talk about her. — Ross Perot
Short Bankruptcy Quotes
- His lack of education is more than compensated for by his keenly developed moral bankruptcy. — Woody Allen
- LFC is not servicing debt other than stadium debt. — John W. Henry
- The most dangerous words in investing are ‘this time it’s different’. — Raoul Pal
- A credit bubble is a short-term solution that creates long-term problems. — Russell Napier
- Many of the great financial disasters we’ve seen have been failures to foresee and manage risk. — Howard S. Marks
- Credit bubbles cause prices to rise; they do not themselves raise prices. — Russell Napier
- Companies that have failed to go uphill have invariably gone downhill. — Philip Arthur Fisher
- Every financial crisis is made out of excess money and credit. — Russell Napier
- Credit is always the disease that masquerades as the cure. — Russell Napier
- It’s ridiculous that FTX US users haven’t been made whole and gotten their funds back yet. — Sam Bankman-Fried
People Writing About Bankruptcy
More Bankruptcy Quotes
The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people. — Ron Paul
I didn’t steal funds, and I certainly didn’t stash billions away. Nearly all of my assets were and still are utilizable to backstop FTX customers. — Sam Bankman-Fried
Financial history is the most important thing to study for anyone seeking to avoid the mistakes of the past. — Russell Napier
Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours. — John Updike
The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat. — Ben Shapiro
Bitcoin is insurance against financial catastrophe, as we see in Lebanon or in Afghanistan and many of these other countries. — Bill Miller
Financially speaking, I haven’t ended my career in the best shape, and there are debts, as well as what is to come by way of a divorce settlement to Mandy. — Stephen Hendry
If I have regrets, it’s around my sons. There is no doubt they were affected by the divorce – Carter more than Blaine, I think. — Stephen Hendry
The real point about credit bubbles is that they are fueled by the promise of government actions, not the reality of what has been achieved. — Russell Napier
No matter how profitable, stay away from men, companies and ventures that are based on defrauding rather than helping their customers. — Thomas Phelps
The first law of bubbles is that they are always in the interests of the bubble blowers. The second law of bubbles is that they are always followed by a bust. — Russell Napier
Look at the things that could go wrong in your business, relationships, and in every aspect of your life… and start building strongholds around them. — Russell Brunson
The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid. — Tom Anderson
A credit bubble occurs when there is a breakdown between the willingness to save and the willingness to invest. — Russell Napier
Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs. — Brian Sandoval
If FTX International were to reboot, there would be a real possibility of customers being made substantially whole. — Sam Bankman-Fried
Credit bubbles are created when people believe that asset prices will keep rising indefinitely and that there is no need for caution or restraint. — Russell Napier
The biggest problem in correcting errors in the market is that stocks look best when they are at the peak and not so great when they are at the bottom. — Thomas Phelps
Look, I screwed up. I was the CEO of FTX. I was responsible ultimately for doing the right things and I mean, we didn’t. We messed up big. — Sam Bankman-Fried
I have a lot more to say–about why Alameda failed to hedge, what happened with FTX US, what led to the Chapter 11 process, S&C, and more. But at least this is a start. — Sam Bankman-Fried
Predicting a downturn is not critical. The important thing is what you do when a significant downturn happens. — Naved Abdali
Debt is never bad. What one does with it determines the goodness or the badness of the debt. — Thomas Phelps
Many of my personal passwords are still being held by the Chapter 11 team–to say nothing about data. — Sam Bankman-Fried
An expenditure of words without income of ideas will lead to intellectual bankruptcy. — Ravi Zacharias
By the end of the 20th century, "liberals" had again discredited themselves, to the point where they went back to calling themselves "progressives" to escape their past, much as people do when they declare bankruptcy. — Thomas Sowell
Disappointment is a sort of bankruptcy -- the bankruptcy of a soul that expends too much in hope and expectation. — Eric Hoffer
For the last one hundred and fifty years, the history of the House of Rothschild has been to an amazing degree the backstage history of Western Europe...Because of their success in making loans not to individuals but to nations, they reaped huge profits...Someone once said that the wealth of Rothschild consists of the bankruptcy of nations. — Frederic Morton
State ownership! It leads only to absurd and monstrous conclusions; state ownership means state monopoly, concentrated in the hands of one party and its adherents, and that state brings only ruin and bankruptcy to all. — Benito Mussolini
The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads. — Elizabeth Warren
History teaches us that the capacity of things to get worse is limitless. Roman history suggests that the short, happy life of the American republic may be coming to its end... the US will probably maintain a facade of constitutional government and drift along until financial bankruptcy overtakes it. — Chalmers Johnson
In Conclusion
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