Quotes about Bankruptcy

As I've watched the Berlin Wall come down, the cry for freedom in China, and the eastern bloc nations, I rejoice, because I see the bankruptcy of Marxist-Leninism, socialism in this world.

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

We've been a long time without a nuclear war. Yes. Well, it's probably like any bankruptcy. The longer you're able to put it off the worse it's going to be. The next great war wont arrive until everyone who remembers the last one is dead.

When I came in, the city was on the edge of bankruptcy. I'm proud of what I did. I built the foundation that mayors after me built upon - particularly Bloomberg. But the foundation was essential because if it hadn't occurred, we would have been another Detroit.

I am quite content with philosophic contemplation. But, as the nineteenth century has gone bankrupt through an over-expenditure of sympathy, I would suggest that we should appeal to science to put us straight. The advantage of the emotions is that they lead us astray, and the advantage of science is that it is not emotional.

Liberty never had to file bankruptcy, thanks to God's blessings, but we did go through tough times and painful debt restructuring in the 1990s.

Bankruptcy and repudiation are the spring-boards from which much of our civilization vaults and turns its somersets, but the savage stands on the unelastic plank of famine.

Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you.

Whims so often end in bankruptcy.

To say a person is morally bankrupt is to say he or she is completely devoid of any decent moral qualities.

Why is this such a well-kept secret? The core issue is that we don't believe we're still spiritually "bankrupt." Having come into God's kingdom by grace alone solely on the merit of Another, we're now trying to pay our own way by our performance. We declared only temporary bankruptcy; we're now trying to live by good works rather than by grace.

How did you go bankrupt? Two ways. Gradually, then suddenly.