When will Labour learn that you cannot build Jerusalem in Brussels.
Margaret ThatcherRead
Never in the history of human credit has so much been owed.
Interpretation
This quote emphasizes the unprecedented levels of debt and obligation in human history.
Margaret Thatcher's quote highlights the remarkable accumulation of debt and financial obligations that societies face, suggesting a significant and potentially unsustainable reliance on credit. It reflects on the historical context of financial systems and the burdens they place on future generations.
In practice
In a financial seminar discussing the impact of credit on modern economies.
When will Labour learn that you cannot build Jerusalem in Brussels.
The battle for women's rights has been largely won.
Ought we not to ask the media to agree among themselves a voluntary code of conduct, under which they would not say or show anything which could assist the terrorists' morale or their cause while the hijack lasted.
Israel must never be expected to jeopardize her security: if she was ever foolish enough to do so, and then suffered for it, the backlash against both honest brokers and Palestinians would be immense - 'land for peace' must also bring peace.
If it's me against 48, I feel sorry for the 48.
Left-wing zealots have often been prepared to ride roughshod over due process and basic considerations of fairness when they think they can get away with it. For them the ends always seems to justify the means. That is precisely how their predecessors came to create the gulag.
Economics is haunted by more fallacies than any other study known to man
No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.
The real bosses, in the capitalist system of market economy, are the consumers.
Actually, in my advanced, high-falutin' frontier economics, I often work with what I define as 'money metric utility,' and I ask people, 'Do you really want that? What are you willing to pay for that?'
Debt is a social and ideological construct, not a simple economic fact.
One of the things that happens when you have austerity is that wages get lower, and some people think lower wages in the short run can increase corporate profits.
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