Quote by Charles Dickens

[Credit is a system whereby] a person who can't pay, gets another person who can't pay, to guarantee that he can pay.

[Credit is a system whereby] a person who can't pay, gets an

Summary

This quote criticizes the concept of credit, highlighting that it essentially involves one person who cannot afford to pay off their debts finding another person in the same situation to vouch for their ability to repay. It implies that credit is essentially a cycle of insolvency, where individuals rely on others in similar financial positions to vouch for their credibility, creating a fragile system built on trust rather than financial stability. The quote challenges the reliability and sustainability of this system.

Topics

Money Credit Debt

By Charles Dickens

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