Report: Average American Is $225,238 in Debt

signalmankenneth

Verified User
http://investorplace.com/2013/09/report-average-american-in-debt-hundreds-of-thousands/#.UxNws87K3Fx

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Some people don't think Debt relevant. They think they are successful because they surround themselves with unnecessary object that they think will up their status in society. They think our system is just fine because they are "successful".

Interest free loans will become a part of America sooner or later.

LMAO.
 
:rofl2:

I remember a few years ago hearing the younger crowd at work bragging about big new homes, expensive vacations, new toys such as RV's, motorcycles, sports cars and such. Some have filed for bankruptcy, lost homes, toys got repossessed, because they over extended themselves trying to beat out each other. People are idiots when it comes to money management, they want to live beyond their means.
 
:rofl2:

I remember a few years ago hearing the younger crowd at work bragging about big new homes, expensive vacations, new toys such as RV's, motorcycles, sports cars and such. Some have filed for bankruptcy, lost homes, toys got repossessed, because they over extended themselves trying to beat out each other. People are idiots when it comes to money management, they want to live beyond their means.

....then expect the Nanny State to bail them out; they're called Democrats. ;)
 
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