Quote by J. Paul Getty

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

If you owe the bank $100 that's your problem. If you owe the

Summary

This quote suggests that the burden of debt depends on the amount owed. When an individual owes a relatively small sum of money, it is considered their personal problem to resolve. However, if the amount owed is extremely large, it becomes the problem of the bank or lender. The quote highlights how large debts can create significant challenges for financial institutions, potentially impacting their stability and forcing them to find solutions to recover the amount owed.

Topics

Business

By J. Paul Getty

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