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re: The average car is now 12.5 years old and the interest
Posted on 5/14/24 at 8:15 am to bleedsgarnet
Posted on 5/14/24 at 8:15 am to bleedsgarnet
Everyone keeps saying “_____” is not sustainable.
It is as long as people are fine living in debt and working until they die.
It is as long as people are fine living in debt and working until they die.
7
Posted on 5/14/24 at 8:18 am to GeorgeTheGreek
quote:
It is as long as people are fine living in debt and working until they die.
Or giving up and living off the government.
Posted on 5/14/24 at 8:18 am to GeorgeTheGreek
quote:every time I start to doubt my plan, I remember that I’m debt free and can retire before 60. Regardless of whether I am “rich”, I call that a win
It is as long as people are fine living in debt and working until they die.
Posted on 5/14/24 at 8:21 am to GeorgeTheGreek
quote:
It is as long as people are fine living in debt and working until they die.
When people are fine not being able to pay their debt is the problem.
That’s when the banks will get their way. Meaning bailouts, more inflation, and the cycle continues until a crash.
And we are in the middle of the worst kind of crash. A slow, guided crash where our buying power slowly dwindles to nothing. People are expecting this HUGE event, which will someday come, but that’s probably easier to deal with all at once than having your assets slowly robbed from you to feed the rich.
Posted on 5/14/24 at 9:22 am to GeorgeTheGreek
quote:
Everyone keeps saying “_____” is not sustainable.
It is as long as people are fine living in debt and working until they die.
but what do we do to change it? Seriously I need help as much as the next
Posted on 5/14/24 at 12:03 pm to GeorgeTheGreek
I don’t like living in dept. that’s why my truck is 10 years old with 140k miles on it. I’m gonna drive this bastard until it falls apart. Then I’m gonna get a fricking horse.
Posted on 5/14/24 at 12:17 pm to GeorgeTheGreek
quote:
Everyone keeps saying “_____” is not sustainable.
Been hearing this regarding housing prices since 2018 yet here we are......
Posted on 5/14/24 at 12:19 pm to GeorgeTheGreek
quote:
It is as long as people are fine living in debt and working until they die.
Probably should be a separate thread but easy access to credit/debt has screwed everything up.
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