The Web of Debt (The Shocking Truth About Our Money System And We Can Break Free) Ellen Hodgson Brown, JD. I grew up confused. On one hand, I was told to live within my means, to balance my income to my expenditure and to ensure that there is always something for savings. Being in debt was frowned upon. On the other hand, on the other side of my family, living on credit was a way of life. Nothing wrong to borrow, they would say. Even nations take huge loans. In the modern world, it seems that one is deemed to be rich by his assets but the properties are leveraged by debts. In other words, he is only as rich as much as he can pay the interest on his debt. Money begets money and the poor get poorer. The divide between the haves and the have nots becomes more apparent as the days go by. One small hiccup in this set-up and the house of cards comes down crumbling. Nations that have secured high amounts of loans apparently have a higher credit rating on their credib...
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