Quote:
Originally Posted by Pleasurepays
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.
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You summed it up quite well, but forgot mentioning the effects of media/marketing and banks. Media makes you think you need all those unnecessary shit, it makes you want 10 time mor than you can afford. Banks are giving loans to everyone, for all the luxury stuff... I am not blaming any of the three participants in this, as all are "guilty" in it, however basicly the economy should be boosted by the people who want more than they can afford -> it makes them more productive, but obviously there's a border/limit, what if you exceed you won't be able to pay back and you'll realize too late and you can lose your house and everything you already reached. Its a bit like with drugs: never blame the drugs. Blame the stupid user behind them.
Back to the topic: maybe I live under a rock, but I just can't figure out why so many ppl hate and fuck with Barefootsies. He works, he does not scam no one. You can like or dislike his niche/content/etc but fucking with him all the time: why?