Writing about the current credit crisis in American life, Gigi A. Berman learned an old truth. Benjamin Franklin said, “He that goes a-borrowing goes a-sorrowing.”
--Time March 29, 2010 p. 50. Illustration by Jim L. Wilson and Rodger Russell
Old Ben wasn’t the first sage to warn us of the danger of debt. Many years earlier King Solomon gave the same warning.
Proverbs 22:7 (NASB77) “The rich rules over the poor, And the borrower becomes the lender's slave.”