Posts Tagged ‘other peoples money’

Margaret Thatcher: Other Money

Posted by admin on Wednesday, February 8, 2023

Meaning of Margaret Thatcher Money Quote: saying happiness is about other people’s money for socialists, according to conservatives. Margaret Thatcher said:

 
Socialists are happy until they run out of other people's money Quote
 

“Socialists are happy until they run out of other people’s money” — Margaret Thatcher

 

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Margaret Thatcher is criticizing socialist policies that rely on heavy government spending and high taxes. She is suggesting that supporters of socialism are content as long as government continues to spend large sums of money to fund social programs, but that they become unhappy once tax revenues collected from citizens (“other people’s money”) are no longer sufficient to cover the spending commitments.

In other words, Thatcher is arguing that socialist ideals are easy to endorse when someone else is footing the bill, but that advocates of big government may change their views when they realize their policies are unsustainable given limited financial resources.

Her quote implies that socialism works in theory until it runs up against the practical constraints of budget deficits and rising public debt.

Birthday October 13, 1925 – Died April 8, 2013

Leigh Bardugo: Bet on Myself

Posted by admin on Saturday, January 14, 2023

Meaning of Leigh Bardugo Money Quote: saying self confidence can sometimes require outsider belief and use external financing. Leigh Bardugo said:

 
I like to bet on myself whenever I can. But usually with other people’s money Quote

“I like to bet on myself whenever I can. But usually with other people’s money” — Leigh Bardugo

 

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This quote by Leigh Bardugo seems to be commenting on taking risks or gambles, but mitigating the potential losses. Some key points:

  • She likes to “bet on herself” by taking risks or gambles when possible, showing confidence in her own abilities and ideas.
  • However, she acknowledges that she usually does so using “other people’s money” rather than her own funds.
  • This suggests she is willing to take chances and back her own initiatives, but is also pragmatic about managing potential downsides by not risking her own capital if others’ can be leveraged instead.

Overall, the quote conveys a spirit of entrepreneurship and risk-taking, but also a practical approach of minimizing personal financial exposure by utilizing other available resources to support gambles or new ventures, rather than gambling solely with her own money on the line. It reflects confidence balanced with prudent risk management.

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