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by mpf62 6066 days ago
How does buying stuff on credit increase your standard of living? At short notice, this may be the case, but this kind of behaviour is not sustainable. You know, there will be a day when the bills become due. What are you going to do then? Pass them on to your children?

It is really weird that Americans feel “we’re rich, you’re not” because of all the things they “possess” (on credit).

I wonder how many members of these armies of homeless that populate the US streets are where they are because they lived a live today they couldn’t even afford tommorrow.