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by nickelcitymario 2607 days ago
Didn’t notice this conversation take off.

Just to be clear, I wasn’t saying Marc was better off because of debt. I was saying he was better off despite having debt. I was responding to the specific idea that Americans are poorer than people in other countries because they have more debt. My point was it’s entirely possible (and common) to be better off despite having a negative net worth.

Others spoke to this better than me, though, when discussing cash flow and the like...