Guardian column calls elimination of personal debt revolutionary

[lemonlime]

http://www.theguardian.com/commentisfree/2014/jun/24/revolution-axe-personal-debt-resist-easy-credit?CMP=fb_gu

[mveill1]

What's interesting is the comments - they are a nice change from the whining in Business Week type of publications, where people complain about not being able to afford the full-time nanny and a new Lexus. These people think that over-indebtedness cannot be avoided, because The Man invented debt to keep the people down, and the only way to solve this problem is to abolish the fractional money creation system and the entire capitalist edifice!

I thought about engaging in the comment section, but I genuinely wouldn't know where to start with these guys.

[Leisured]

Thank you for the link, lemonlime. I liked the quotes: 'debt is th slavery of the free', and 'the rich rule over the poor, and the borrower is the slave of the lender'. Both quotes are Mustachian, and the latter is from Proverbs 22:7. I had not heard of Publilius Syrius before, but I found many quotes of his on website quotationspage. It seesm he created the saying 'a rolling stone gathers no moss.'

[Michael792]

JuanFivesix:

"I think the overall intention of the article is much more Guardian Friendly than that.

It is not about behaving responsibly, it is about reducing everyone's daily consumption, so the total value of goods traded per day will reduce, leading to a reduction in GDP and therefore recession. That way the government's economic record can be damaged, apparently because it is the "wrong sort" of recovery anyway, and we can somehow end austerity by spending more despite lower tax receipts.

That the Author wants to induce economic misery on millions through killing the recovery is pretty much par for the course for socialist utopians."

...What?