Someone just called the Coast Guard

A lot of ships carry markings on their hull. (the watertight body of a ship or boat, the part that touches and is in the water). These markings indicate how high out of the water the ship is sitting.

Even without markings, most captains can often judge how high or low their ship is riding.

Empty, a boat or ship will ride quite high out of the water. As you add weight to her, she starts to ride lower. Most boats are designed to carry a certain amount of weight and usually have a maximum.

The heavier she is (the lower she sits in the water), the slower she is to respond and the less able she is recover from being pushed over on her side by wind or wave. In affect, the heavier she is, the easier it will be for her to capsize in difficult conditions.

So what weights down our financial ship? How much weight are we carrying?How low is our financial ship riding in the water?

We can measure how much weight we are carrying, we can see how low we are riding in the water, by taking a look at how much “DEBT” we are carrying.

“Excess DEBT is going to cause untold wreckage in the coming financial storm”

How we manage our debt will play a large role in our effective stewardship and the “readiness of our craft”.

So if debt is going to play a pivotal role, then we need to ask;

“ How low is our ship (and the Canadian ship and other ships) riding in the water?”

At this point it doesn’t look good, the inspector just called the Coast Guard!