RE: 80% of Americans Are In MASSIVE Levels of Debt! ALL Generations Are Near Bankruptcy!

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80% of Americans Are In MASSIVE Levels of Debt! ALL Generations Are Near Bankruptcy!

in debt •  7 years ago 

Do you think that people simply don’t care about their debt (on average)? Or it’s a snowball effect? One moment they owe one bill, the next thing you know they’re drowning.

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I thought Generation X was doomed, but the Boomers never fail to outperform.

The newer generations are in trouble!

No, they don't care, because most people only think in short term, the YOLO style of living, without wondering about the consequences of their nations, luckily for them, they are not going to suffer as much as younger generations will do with all this debt accumulated. And guess who are the ones to pay for it, and we know that ratnksters (bankster) won't do it.

Good points. I'm hearing people all the time talking about foolishness instead of preparing, building, learning. Big mistake.