Enron got in trouble with too much debt. Investors and analysts didn't realize how much debt they had because it was hidden.

Last year people got panicky about corporate debt because of Enron and WorldCom. The spread (between government and corporate bonds) got too big and the market reversed.

It is not acceptable to take a catastrophe of nature and turn it into a catastrophe of debt,

The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should betempered and controlled, and the assistance to foreign lands shouldbe curtailed lest Rome become bankrupt. 55 B.C.

Be quick to repay your debt, if you can't, then ask for debt forgiveness

To live debt free is good and godly