Bankruptcy of nations

If in times past it was the guilty debt of the world which was lamented, now it is the financial debts of the world which arouse dismay. Formerly it was the Last Day which was prophesied; now it is the [Greek: seisachtheia] the great repudiation, the universal bankruptcy of the nations, which will one day happen; although the prophet, in this as in the other case, entertains a firm hope that he will not live to see it himself.