https://blog.acton.org/archives/99302-what-st-nicholas-can-teach-us-about-economic-policy.html
This year, December 6 also marks a less auspicious event: Credit Day, the date when the average government in the European Union exceeds its tax revenues and begins deficit spending, or living on credit. December 6 is an improvement of six days over 2016, according to the Molinari Economic Institute (Institut Économique Molinari, or IEM), which calculates the date annually.