Debt bondage slavery

Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.

Slavery was a part of life in ancient Greece.   One of the ways to become a slave is to become a debtor and not be able to repay your debts.  This is one reason one should not become a borrower.  (It is not clear to me that debt bondage was common in ancient Greece.)

When an individual goes into debt bondage he often takes with him is family and descendents.   When a ruler or government goes into debt bondage it appears they take their citizens with them.

As a lender not only might you lose all or part of the purchasing power you have transferred to another you could also become a slave master and can a slave master be true to him/her self?

There are a lot of other governments with huge debts the means for repayment of which is not clear.  I fear  debt bondage is not just a historical phenomenon.

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