Nations touch at their summits. - Walter Bagehot

Nobody will understand parliamentary government who fancies it an easy thing, a natural thing, a thing not needing explanation.

... Nothing is so simple as the subject matter of his works. The two greatest of his creations, the character of Satan and the character of Eve, are two of the simplest—the latter probably the very simplest—in the whole field of literature. On this side, Milton's art is classical. On the other hand, in no writer is the imagery more profuse, the illustrations more various, the dress altogether more splendid; and in this respect the style of his art seems romantic and modern. In real truth, however, it is only ancient art in a modern disguise: the dress is a mere dress, and can be stripped off when we will.—we all of us do perhaps in memory strip it off for ourselves.

Credit means that a certain confidence is given, and a certain trust reposed. Is that trust justified? and is that confidence wise? These are the cardinal questions. To put it more simply credit is a set of promises to pay; will those promises be kept?