A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006. Now a Popeyes fast food restaurant on Google Maps.

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Entry from August 31, 2013
“Interest on debt grows without rain”

“Interest on debt grows without rain” is often stated to be a Yiddish proverb. “Interest grows without rain, stupid” was cited in The Nightingale, or, The saga of Yosele Solovey the cantor (originally published in Yiddish in 1889) by Sholem Aleichem (1859-1916).
 
   
Wikipedia: Sholem Aleichem
Sholem Naumovich Rabinovich, better known under his pen name Sholem Aleichem (Hebrew and Yiddish: שלום־עליכם; Russian and Ukrainian: Шолом-Алейхем) (March 2 [O.S. February 18] 1859 – May 13, 1916) was a leading Yiddish author and playwright from Ukraine. The musical Fiddler on the Roof, based on his stories about Tevye the Milkman, was the first commercially successful English-language stage production about Jewish life in Eastern Europe.
(...)
Yossele Solovey (1889, published in his Folksbibliotek)
 
OCLC WorldCat record
Yossele solovie ; Yossele nightingale : a romance.
Author: Sholom Aleichem.
Publisher: 1920.
Edition/Format: Book : Yiddish
 
Google Books
The Nightingale, or, The saga of Yosele Solovey the cantor
By Sholem Aleichem
New York, NY: Putnam
1985
Pg. 162:
“Interest grows without rain, stupid.”
 
Google Books
The Routledge Book of World Proverbs
By Jon R. Stone
New York, NY: Routledge
2006
Pg. 94:
Interest on debts grows without rain. (Yiddish)
 
The Spectator (UK)
May 30, 2007
Brace yourself for the six per cent solution
Interest on debt grows without rain, said the old Yiddish proverb — but what it omitted to explain was that vigorous action by central banks also helps
 
The Rugged Individualist
Interest on the debt
Posted on May 23, 2012 by Roy Filly
Interest on debts grows without rain.
Yiddish proverb
 
Blogging For Change
10 financial proverbs that are still true today
by Jesse Campbell on May 14, 2013
(...) 
Interest on debt grows without rain. – Yiddish
Crops, trees, flowers, grass – all organic plant life needs the right conditions to grow and thrive. Debt, on the other hand, can grow in a vacuum. So just remember, it doesn’t matter what happens to the house you buy, or the degree you finance, or the new business you invest in – the interest on your debt will accumulate no matter what.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Saturday, August 31, 2013 • Permalink


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