Saturday, 13 October 2007

It's time to stop giving credit to our culture of debt

(Not often I find myself agreeing with Peter Selby, but here I do.)

[...] The communities of faith — Jewish, Christian and Islamic — have a proud history of criticising the institutions of credit and debt. Faith is after all about today's bread and giving thanks that there is enough for all our need, if not for all our greed, that we do not need to borrow our children's assets and leave them with the problem. Will nobody notice that for all the proclaimed solidity of a Northern Rock we are actually continuing to build our economy on sand? Read more
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