only poor people with a profoundly poor understanding of money, investing and finance, make the argument that they have great reasons to borrow money to buy dumb shit they don't need and that it makes sense.
this why we are going through a recession right now. because most of the nation is up to their eyeballs in debt, buying dumb shit they don't need and can't afford and the economy is forced to finally adjust to the mathematical consequences of such behavior on a massive scale.
|