I believed the teachings of the prophets to get and stay out of debt, and I lived that standard prior to these events. However, I can say, after personal experiences, that the pressure and weight of debt is crushing. As I breathe and as my heart beats, I testify that debt is, in fact, bondage. (I am much closer to freedom today, thanks to hard work and the tender mercies of God.)
Are we as a nation and as people on this earth really so deceived as to believe that debt is a principle only for individuals? Do we really believe that excessive debt is justified if it is a company, a city, a county, a state, or a nation? Have we really convinced ourselves that payment of our debts can be postponed indefinitely?
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