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"Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if required."

— Peter Cundill
peter cundill Quotes Balance,Position,Long Term

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The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.

— Charles Hugh Smith

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...education is a sacred thing, and the pledge to build a school is a commitment that cannot be surrendered or broken, regardless of how long it may take, how many obstacles must be surmounted, or how much money it will cost. It is by such promises that the balance sheet of one's life is measured.

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