"Credit is the provision of resources (such as granting a loan) by one party to another party where that second party does not reimburse the first party immediately, thereby generating a debt, and instead arranges either to repay or return those resources (or material(s) of equal value) at a later date. The first party is called a creditor, also known as a lender, while the second party is called a debtor, also known as a borrower."
....................................Wikipedia <- credit of source, so you can believe ...
From third person singular from the Latin credo or "I believe", credit is the root of all societies from the origin of time. Credit is the belief that at some point in the future you will be repaid plus something for the use of your money/property/labors/credit.
The Wikipedia definition of credit is merely one use of the word, and it has bullied its way to the forefront; but the root meaning of belief is still valid as the cause of the crunch. Belief.
The problem is: What do we as a people believe in? God? Our Country? It's Constitution? Our money? Our Future? Our humanity? Our selves?
For the last century we have been crawling then walking, then striding toward a belief in nothing. Not just Atheism, but anarchy. Driven by a media, Politicians, and an educational system some with good intentions, some not, but with a commonality that they attribute no importance to the individual other than as being owned by society. Then there should be no surprise that the population holds no credit in our future. They instinctively credit these bailouts and the president-elect's promises are written to be paid for with an every increasing draft on our future labor. And that belief means less of our future for ourselves and our families. That you can believe.