Credit. A analysis of morality within the market place.

Credit

noun
Etymology: Middle French, from Old Italian credito, from Latin creditum something entrusted to another, loan, from neuter of creditus, past participle of credere to believe, entrust — more at creed

1: a brief authoritative formula of religious belief
2: a set of fundamental beliefs; also : a guiding principle

3: reliance on the truth or reality of something

4: credit granted to an individual especially to finance the purchase of consumer goods or to defray personal expenses

synonyms see belief, influence

What is credit?

Most people within our society want financial credit and those who don’t have accurate credit with that they do.

Those without credit or those with poor credit are severely limited and restricted in their day to day dealings on a everyday basis.

Many can’t buy a house, computer, automobile, or apartment with inaccurate credit.

Those who have accurate credit are less restrained and limited.

Companies and corporations approached by individuals with accurate credit accept such people as the civic righteous where credential interests is accepted as gospel.

Could it be that marketable credit serves the function of economical morality?

A mean for us to steal from our kids.

Explain.

That’s what being a creditor nation like the US is mean. We’re basically borrowing money from foreigners to use now and we will never be able to pay it in our lifetime so our kids will end up having to pay it for us. Buy now, pay later.

Agreed. United States Of The Chinese Republic.

Not just China. Japan too. Even the middle east is getting into it. They bought into some of our banks because of the credit crunch. The rest of the world is more than happy to help us gorge ourselves on money that we don’t own. It’ll be interesting when the bill comes due.

Yes it will be interesting.