I know of middle-class families who are mortgaging their future and their children's future because of heavy surgeons' bills and doctors' bills.
In many cases it can be paid only by mortgaging the house.
I am not sure that this policy of mortgaging the future is very wise.
Of course, to put a date on undated stock would be, so to say, mortgaging the future.
This may be unfair but it certainly seems that they are mortgaging the long-term future for immediate savings.
The entire world is mortgaging its future in a colossal arms race unprecedented in world history in peacetime.
There is no proposal to remove the present prohibition on the mortgaging of local authority capital assets.
It has meant the mortgaging of the young generation to the yoke of indebtedness and vast borrowings.
