The bankers and businessmen appeared on television wearing thousand-dollar haircuts and sackcloth. Their faces were grim.
The money’s gone, some proclaimed. It won’t be coming back said others.
The money’s gone! cried the people. What shall we do? Citizens began to wring their hands and point fingers at one another.
A few people asked Where did it go? These voices were drowned out by weeping and wailing and by shrieks of fear.
We have to replace it, the politicians announced.
Where will the new money come from? asked many. We must mortgage the future, replied the bankers and businessmen. It’s the only way.
Confused, the people agreed. The losses piled up: credit, livelihoods, homes, families, communities, societies, hope.
Debt spread like a virus, bringing the ills of poverty. The sickened people paid and paid until there was nothing left to sell but their freedom.