Question

Explain the following quote "The rich rule over the poor, and the borrower is slave to the lender."

Answer 1

When people get into debt, they start living their life just to pay off the debt. This means that all they are doing is working for their lender. The rich often rule over the poor becuase they have more influence and are therefore able to make decisions for the rest of the world population

Answer 2

When Dave was confronted with this Scripture, he had to really consider who was right his broke finance professor, who taught that debt is a tool, or God, who never has anything good to say about debt.

Step-by-step explanation: