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The question of family debt is of paramount importance. For a portrait of the situation in the US, please take a look at this article from Adbusters.
If you really want to understand the defect in debt-based money, you need to understand the Compound Interest Paradox.
http://fskrealityguide.blogspot.com/2007/06/compound-interest-paradox.html
I give more details on my blog.
Par FSK le 2007-12-03 14:08