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Thou shalt pay down thy excessive debt.
"You can grow out of excessive debt, you cannot shrink out of excessive debt".
Fancy derivatives, along with excessive debt, have been blamed as fueling the current financial crisis.
The thought of running up excessive debt filled them with moral horror.
Such bankers understand their clients' businesses and steer them away from excessive debt.
They developed a moral abhorrence about things like excessive debt, which would further magnify their vulnerability.
Somebody has to remind the country that excessive debt is selfish.
"And it is true that far too many Spaniards have excessive debt.
The report tracks progress on "deleveraging," the process of bringing down excessive debt levels.
"This is a crisis of excessive debt, which reached 355percentt of American gross domestic product," he said.
The causes of the housing implosion are many: lax regulation, financial innovation gone awry, excessive debt, raw greed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com