Let's start with credit itself, as it impacts nearly everyone on planet. The penalty for exceeding national credit limit will be an end to easy and cheap credit. International credit lenders don't expect national debts to be repaid, nor do they want them repaid. Neither do credit happy politicians. A credit debt is a cash cow. It costs no one anything but a promise and a bookkeeping entry, but account is then maintained by paying interest that comes both from new credit and taxes on wage and salary slaves - or earnings. It is last beneficiary of commerce that pays all taxes, included in market price of goods and services. Those who benefit financially by maintaining national credit accounts prefer to see increasing debt. This allows them to siphon all profits from economy, great or small, if they so desire. They usually do not, so breathe easy.

Scripture proclaims borrower is servant to lender. Many of us know truth of this from personal experience. If you believe elected, indebted governments set policies, you don't believe borrower is servant to lender, you must believe lender is servant to borrower. Please teach me how to live in that world. Who are top ten holders of U.S. national debt? They are policy makers. They don't want their pictures in papers. They don't give interviews to 60 Minutes. They just have their agents talk to presidents and lawmakers to make it clear what they want. They usually get what they want. In this case borrowers are not merely servants, but puppets. When you are listening to puppets, it is wise to read between lines and learn desires of puppet masters.

The global value system determines economics. That value system is based on scarcity, commonly called law of supply and demand. Thousands of years ago arbiters of value and wealth decided that gold, silver and precious stones were rarest and therefore, most valuable. Of all resources, people were least scarce. So people have least value in this old system. This is foolishness of highest order and creates disposable people. There are few people living today, who cannot in their lifetimes, produce more value than their own weight in gold. Use yourself as an example. Multiply current market price of gold by your body weight. Divide that by a typical productive life of 40 or 50 years. Are you earning more or less than this dollar value each year? Keep in mind most folks are paid less than half their market value or earnings.

The economic system we support undervalues life, because life is not scarce. The corporate world would rather have your weight in gold than you, even if you can produce five times that value. That corporate world might not harvest twenty percent of your lifetime value, unless you support their system. If you do support it, you will probably give them a big cut in your home mortgage or business loans and every paycheck. But they will always treat you as expendable, because your kind is never scarce. If we want to be fairly valued in market place, we must be scarce in that market place. A coming labor shortage will help. Becoming scarce means lifestyle changes people do not want to make. Therefore, people will continue to support system that makes them least valuable commodity in it and be thankful to do so. There is little evil in this world that is not supported by Western lifestyle. As long as we embrace it, there will be no economic justice.

Nowhere on this planet are people more capable of self sufficient living, than in modern West. Yet these people are taught to be dependent on others for very basics of life - wage and salary slaves. Had back-to-the-land movements of 60s and 70s caught on, West would now have great models to share with poor world cultures. New technologies like fuel cells will be ideal for home and neighborhood power systems that will end dependencies on grid supplied electricity and scam artists like Enron.

In West, we pay a dollar for a ten cent loaf of bread, because we are willing to pay other ninety cents to have it at hand when we want it. Much of rest of world can't afford same bread at ten cents a loaf. Who do you suppose bread makers would rather sell to? This means no bread for hungry at any price. If we really want to help rest of world, we make a personal commitment to slash our consumption and increase production. This creates a glut in corporate market and forces prices down. Third world producers will complain because this drives down export prices and makes exporting unprofitable. The focus then must shift away from global trade to local trade and that is a major step toward self sufficiency and economic justice.

I heard a radio report last week that India is doing well in this global recession because ninety percent of their domestic production is sold in domestic markets. Before great corporate marketing chains drove mom and pop operations out of business with their economies of scale, local industry and markets were well understood as markers of economic health. Nothing prevents us from returning to local production and marketing. We can even use global marketing to subsidize transition - transformation.

Food is a good example. The knowledge is now available that allows anyone to produce superior food at less than typical market prices. If I decide to raise food crops on an acre or two, I can also plant high dollar cash crops that can be sold in a nearby city or sent anywhere in world, as a mail order business. The wealthy purchase these valuable crops and provide profits that allow me to obtain more land. I can then expand inexpensively on adjacent land and split crops with owner, or market some on her behalf. I can always expand my local production, marketing and my high dollar global and nearby marketing.