The problem is that borrowing money to pay back mo...

The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.

-John Podhoretz

Future Money

The problem is that borrowing money to pay back mo... meanings

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Frequently Asked Questions (FAQ)

Who said "The problem is that borrowing money to pay back mo... "?

"The problem is that borrowing money to pay back mo... " is one of a famous quotes by John Podhoretz. Complete quote is as follows;
"The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't."

What is "The problem is that borrowing money to pay back mo... "?

"The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't." This is a quote by John Podhoretz which is about Future & Money. He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • We live in an age when to be young and to be indifferent can be no longer synonymous. We must prepare for the coming hour. The claims of the Future are represented by suffering millions and the Youth of a Nation are the trustees of Posterity.
  • After you're older, two things are possibly more important than any others: health and money.
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What does "The problem is that borrowing money to pay back mo... " mean?

This quote is primarily about Money although it also includes other themes like Future & Money. It is attributed to John Podhoretz. Complete quote is as follows;
"The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't."