Now before everyone jumps on me about 19th century brutal slavery, I'm not talking about that. I'm talking about the type of slavery that existed 2000+ years ago. A man borrows money. If he can't pay his debt, he becomes a slave and can be sold to whoever to pay off the debt. The slave is given room & board but is not required to be paid. If the slave does not want to work, you can beat him to force him to work. Most masters at the time would give little amounts of money to their slaves that worked well and eventually they could buy their freedom. Now bring into todays world. Doesnt that seem fair that if a man borrows money to buy a house and then cant pay or refuses to pay because the house went down in value, shouldnt he be required to pay the difference in the price? But he isnt. Instead the burden of debt is paid by other people. People that work hard for their money. In essence we are now the slaves working for that mans debt! When I travel to another countrys now, I pay 30% more for goods than i did a few years ealier. Every penny of that 30% is going to pay for that mans debt! And what about these people that dont pay their credit cards and just go to bankruptcy? Why do we pay for these things? I think the US would be much better off financially if allowed indentured survitude and it would certainly make people make more of an effort to pay their bills. But what is the downside of not paying your bills in todays world? A few phone calls from a creditor who you dont know? ooooo...big punishment, so scary! What do you think?