[dijit]

He’s indicated in a sibling thread that he’s not looking for sympathy.

He’s trying to help you empathise that in reality these kinds of holes are really difficult to escape from; moreso than you think on first glance. It’s also very easy to fall into them even if you think you’re immune. Most people are about 2 bad decisions from poverty.

In light of that, your response is just horrible.

[tasuki]

Most people spend insane amounts of money on things they don't need to impress the people they don't like.

[dijit]

Two hypothesis:

1) The nature of interest in unsecured loans is high interest (almost by definition) and increasingly so if you are seen as a credit risk. Thus small debts compound over time making them unbearable for longer.

2) Our friend is merely Keeping up with the Jones’ despite never going above a zero balance.

One of these is uncharitable and ridiculous- the other is a known issue that keeps people in poverty.

I’ll let you figure out which.

[tasuki]

I guess I wasn't being clear: I wasn't talking about the person from this thread!

You said:

> Most people are about 2 bad decisions from poverty.

My reaction was to this. I agreed with you, and added the cause: utter financial recklessness. People spending money on things they don't need instead of saving say a quarter of their salary.

For some time I was earning a couple times the average salary in my region of the world. Yet I found that spending about the average salary was more than enough to live a very comfortable life. I feel this is not the norm for whatever reason: most people inflate spending to match their income, and then they're 2 bad decisions (or even some bad luck) from poverty.