If you owe your banker one million dollars and can't pay,you have a problem.If you owe your banker one billion dollars and can't pay,your banker has a problem.

Question

Quizplus · Accepted Answer

This statement is true because it implies that the larger the amount owed, the more leverage the debtor has over the creditor. If someone owes their banker a million dollars and can't pay, it may be a serious financial issue for the debtor. However, if someone owes their banker a billion dollars and can't pay, the banker may be at risk of significant financial losses or even bankruptcy. Therefore, the debtor's ability to pay back their debt is critical, but the creditor's exposure to risk and potential losses becomes more significant when dealing with larger amounts of money.

If You Owe Your Banker One Million Dollars and Can't