It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.
Sentiment: NEGATIVE
Some people feel that the world owes them a living.
The men who start out with the notion that the world owes them a living generally find that the world pays its debt in the penitentiary or the poor house.
The human world is a long way from meeting the needs of the present, and it is borrowing massively from the future - not only by piling up money debt, but also by degrading the resources from which all real wealth ultimately comes.
The chief value of money lies in the fact that one lives in a world in which it is overestimated.
Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
A world in which government is burdened by historic debt, philanthropy has limited resources, and the private sector is only interested in its own personal gain is simply unsustainable.
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 will only become poorer.
The world is a place that is so interconnected that what happens in another part of the world will impact us.
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Don't go around saying the world owes you a living. The world owes you nothing. It was here first.