"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."

Money, Time, Debt

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"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."

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Samuel Johnson, English Author

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Matshona Dhliwayo, Zimbabwean Philosopher

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"A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it."

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"See money " currency - as the flow of energy and giving that cycles between you, others and me. Now let it flow kindly, fairly and mindfully."

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"Money should be ones demand and not command, one should not become a slave of Money because we made money to help us trade and not to make us, we're already made even without money."

Auliq Ice, Ugandan Economist

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"Money, money, all is money! Could you write even a penny novelette without money to put heart into you? Invention, energy, wit, style, charm--they've all got to be paid for in hard cash."

George Orwell, British Author

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"Instead of giving money to found colleges to promote learning, why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as good as the Prohibition one did, why, in five years we would have the smartest race of people on earth."

Will Rogers, American Actor

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"Money is a handmaiden, if thou knowest how to use it; a mistress, if thou knowest not."

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"The price we have to pay for money is sometimes liberty."

Robert Louis Stevenson, Scottish Writer

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"Not obedience or feelings or respect, there is only one thing which people take seriously at all time and its "money"."

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Explore more quotes by Jeffrey Sachs

"Roosevelt talked not only about Freedom from Fear, but also Freedom from Want."

Fear

"The essence of Africa's crisis is fundamentally its extreme poverty."

Crisis

"We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy."

Money

"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."

Development

"Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world."

Experience

"There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now."

Strength

"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."

Economy

"The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view."

Creativity

"The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge."

Finance

"Globalization was a deep trend pushed by technology and right ideas, as much as anything else."

Technology