"Usury will destroy our society, but meanwhile there is no escape from it. We are coming near the end of its maleficient action, not through awakening to its evils but because it is reaching the end of its resources ... The modern world is organized on the principle that money of its nature breeds money. A sum of money lent has, according to our presnent scheme, a natural right to interest. That principle is false in economics as in morals, It ruined Rome, and it is bring us to our end."
— Hilaire Belloc, Usury, 1931
Citigroup the nation’s largest bank, reported a staggering fourth-quarter loss of $9.83 billion on Tuesday and issued a sobering forecast that the housing market and the broader economy still had not bottomed out.