Nassim Nicholas Taleb

In the long run we shall have to pay our debts at a time that may be very inconvenient for our survival.

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

Debt rolls a man over and over, binding him hand and foot, and letting him hang upon the fatal mesh until the long-legged interest devours him.

Debt can turn a free, happy person into a bitter human being.

Debt, we’ve learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains – pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies – but all require one similar ingredient to create a true crisis: too much leverage.

Promises make debt, and debt makes promises.

A decent society wouldn’t push millions of student into debt. It would recognize that higher education isn’t mainly a personal investment. It is a public good.

If you’re thinking of debt, that’s what you’re going to attract.

Live within your means, never be in debt, and by husbanding your money you can always lay it out well.

The only reason I made a commercial for American Express was to pay for my American Express bill!

One can pay back the loan of gold, but one lies forever in debt to those who are kind.

A man in debt is so far a slave.

If you have debt I’m willing to bet that general clutter is a problem for you too.

Christmas begins about the first of December with an office party and ends when you finally realize what you spent, around April fifteenth of the next year.

Do not accustom yourself to consider debt only as an inconvenience. You will find it a calamity.