| 1 | Be just before you are generous. | |
| 2 | The money was applied to the payment of debts. | |
| 3 | Don't cherish the illusion that your father will always pay your debts. | |
| 4 | If he can afford a luxury yacht, then a fortiori he can afford to pay his debts. | |
| 5 | Real debt burdens therefore rise, causing borrowers to cut spending to service their debts or to default. |