Thank you! Don't forget to confirm subscription in your email.
On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.
Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.
That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.
The creditor hath a better memory than the debtor.
But Paul, in his preaching of the Gospel, is a debtor to deliver the word not to Barbarians only, but also to Greeks, and not only to the unwise, who would easily agree with him, but also to the wise.
The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.
It's an open secret that if a debtor is willing to wait long enough, he can probably get away with paying almost nothing, as long as he doesn't mind hurting his credit score.
