TARIF: Our Dire Debt Dilemma
Proverbs 22:7 declares the following truism: “The rich rules over the poor, And the borrower becomes the lender’s slave.” This truism extends to individuals and governments alike. Last week’s mid-term budget speech on November 1st by the minister of finance was a good reminder of the peril of falling prey to the pernicious consequences of the debt cycle whereby more is spent than one has money for.
The skinny
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