Quote by Ernest Hemingway
It is usually impossible for a large body of people to support themselves indefinitely by borrowing money, although a few people enjoy a great success at it for a time.
Summary
This quote suggests that while there may be instances where borrowing money leads to temporary success for a few individuals, it is generally not sustainable for a large group of people. It implies that relying solely on borrowed funds is usually not a viable long-term solution, as debts eventually need to be repaid. The quote underlines the importance of financial independence and caution in managing personal or collective finances to avoid potential pitfalls associated with excessive borrowing.
Topics
Money
Liked the quote? Share it with your friends.
