Motivational Debt?

I’ve just re-found this piece, from the Observer back in February. I’d forgotten about it, until a conversation with Herself last night. There was one section in particular that agreed so much with my general philosophy about mortgages etc…

The usurers in charge have encouraged us all to get in debt by blanket promotion of a spend, spend, spend mentality, with ad slogans like “don’t put it off, put it on!”

Now, from an idler’s point of view, debt is an evil sister to the work ethic. It works as an invisible slave driver, a mill owner of the mind, driving us on to do jobs we don’t like in order to pay usurers the interest on objects we didn’t need.

It is rather like indentured labour. Work for seven years to pay off your debt. Then you will be freed. Debt is enslaving.

The entire piece is so well worth reading. Enjoy.