Thread 510999790

Why do Americans love debt so much? I have never understood this at all.

>>510999790 (OP)
Because it allows you to drive a nice car, live in a nice house, and eat well while having some fake job in a cubicle that produces nothing.

>>510999790 (OP)
mortgage debt is fine because each payment build equity

>>510999790 (OP)
>Why do people like functioning in their society
Idk it's mystery

>>510999790 (OP)
Mortgage debt is understandable and surprisingly low.

Credit card debt though? That's insanity

>>510999962
the only acceptable debt.

>>510999790 (OP)
It's not love of debt... it's love of jews

>>510999989
Why not live within your means? Why do so many Americans buy $50k trucks and SUVs when you can get a second hand hatchback for $5k? Why do they eat out and her ubereats 5x a week when you can cook at home? Why do they get a daily $10 Starbucks instead of making a coffee in a travel cup for 10 cents?

i have zero debt, i am a bad american desu, feels weird to own a home and pay neither rent nor mortgage

>>510999790 (OP)
I don’t get it either and our national debt is out of control.

>>510999790 (OP)
It's built into the monetary system. As soon as the debt stops expanding, the system collapses. The entire banking system is the largest Ponzi scheme of all time.

>make 80k a year
>bank "advises" me that I should shoot for a high ratio 400k mortgage
Only recently learned it's normal to hold so much debt and life right near the edge of affordability. Coming from a very poor background I cannot understand why one would tempt fate like that.

>>510999790 (OP)
Cause we understand it’s just numbers and taking out money now is worth more than money later. Some people take it to far though

>>511000444
>and life
and live*

>>510999989
>you have to saddle yourself with a bunch of debt in order to function in society
goyslave mindset

>>510999790 (OP)
I owe my mom 5 dollars and otherwise I’m debt free
I have more savings than 70% of americans
I work a non physical job that a high school dropout can get

>>510999790 (OP)
Debt allows you to live beyond your means but it also makes the economy run on theoretical dollars instead of actual money eventually.

>>510999790 (OP)
No one makes enough money to live debt free.

>>510999790 (OP)
Foreskin is removed shortly after birth and it really fucks with their brains.

ok nigger on welfare with no house tell us oh please how things should work

Mortgages are the best kind of debt because you're paying off an appreciating asset (real estate) that becomes a major source of personal wealth.

Student loan debt is for retards, and credit card debt is for giga retards.

>>511000599
Checked. Also be sure to pay her back soon, anon.

>>510999962
This. Only bad debt is an issue.

>>510999790 (OP)
every word of that is a lie

only 12% of people in the US have student loans and the average of those borrower's debts is $38k. The below average Americans borrowed money. The average American household has $9K in the bank
The average mortgage in the US is $252k
but again that is only borrowers who owe money, not the average American.
40% of homeowners in the United States are mortgage-free, the highest level seen in the past 13 years

>>511000285
>why do I prefer a higher standard of living over a lower one

itisamystery.png

>>511001754
Every word of (You)r post is a lie.

>>511000392
This.

>>511000028
Right on, brother

>>511001777
A lot of people know that they are going to burn in hell. This short life on earth is all they have before climate change cooks them for eternity. They have nightmares about their future.
Those of us that are not going to hell, understand that this life is short, we aren't greedy. We don't have nightmare about our flesh melting, our dreams are of paradise.

Can't save everyone, can't force people to change, they have free will.

When Jesus caught his followers stealing from a farm, he made them work to pay off the debt. If you reap what you do not sow, you enter into another man's debt, and no debtor goes to heaven. Don't steal, and don't borrow more than you can pay.

Be good and God gives you a mansion in his gated community.

>>511000285
Because life here is fucking miserable and the ONLY relief offered is consumer spending. We have no family, no community, no healthcare, poisoned food, no home, and no hope. America is the most miserable place to live on Earth. We live in a country controlled by billion dollar corporations who force us to eat poisoned food and control every aspect of our lives. Everything is taxed again and again and exactly $0 goes back to the people. It's funneled to billion dollar corporations and corrupt politicians.

>>510999790 (OP)
the best for a slavery is the voluntary removal of the slave's desires for freedom.

>>510999962
then same thing for auto loan debt because used cars appreciate in the year 2025

>>510999962
Lol no
1/2 the payment goes to jews

>>510999790 (OP)
joo masters keep us enslaved in debt and delusion

>>511000928
Retard

>>511001777
More expensive != higher standard. The coffee I make at home is better than starbucks. A home cooked meal is better than chain restaurant or takeaway slop

>>511003086
This. Materialism is all we have.

I used to think like you all until I realized my coworkers making bad decisions with their money were being rewarded for it. E.g. borrowing from their 401k to make a down payment on a house, covid happening, and then their house doubling in value. Any amount of money I saved up; ~20k/year, the houses would increase in value that much. I could have been a home owner if I was more retarded.

>>511000690
I do. Sorry poorfag.

>>511001754
>40% of homeowners in the United States are mortgage-free, the highest level seen in the past 13 years
Because Boomers. Let them all die soon please.

>>510999790 (OP)
Who buy's things they can't afford,
or takes out loans they can't pay back.

>>511004112
you've made the assrape list, congratulations.

>>511004249
I'm nor even a boomer and both my houses are paid off. wait no, I did a line of credit on the lake house to remodel it, but the renters pay that, just a few payments left. Not a BnB but sort of like that fishermen rent the house and boat.

It's because the real rate of inflation is much higher than the government numbers. If you are borrowing at 5% and the real rate of inflation is 10%, you're winning. Of course this is if you're using the money to invest in productive assets and not some spinning rims like some dumb ape. Also a lot of people with no better prospects are debt maxxing because credit card debt is written off through bankruptcy, so many just don't care.

>>510999790 (OP)
1. we don't
2. it's not optional if you want to function
3. americans are not rich and can't afford anything without debt
4. americans have been brainwashed by the jew and noble anglos to equate "buy" with "loan" : I bought a house or I bought a car means I got a loan for said asset. It's fucked, We're cooked.

They are ready to bail on you.

>>511000285
>Why do so many Americans buy $50k trucks and SUVs when you can get a second hand hatchback for $5k?
Because it lets me do this to the people driving the $5k hatchbacks. I take out debt to flex on people.

>>510999790 (OP)
Perhaps the mean would be more helpful as an indicator. Especially with mortgage loans.

>>510999790 (OP)
Americans are niggercattle, jews are debt farmers. It's pretty simple.

If it wasn't for (((JEWsury))), $300k debt for a family wherein two people earn an average salary, is comfortably furbishable.

>chattel Stockholm syndrome.

>>511003086
so which is the least miserable country according to you

>>510999962
Ahahahz

>>511007750
Probably Denmark. They complain about high taxes but our taxes here are just as high and we get NOTHING in return. People think our taxes are low because of our low Federal tax rate, but the same money is taxed again and again and again and again at every opportunity, so our real tax rate his super high.

>>510999790 (OP)
It’s modern day segregation

>>510999962
nigger cattle mindset

>>510999962
Depends on the interest rates.

>>511008093
I agree. Been to almost 40 countries, including most European countries, and nothing beats Denmark. Not even Norway or Sweden. Of course I'm biased, but still.

>>510999790 (OP)
>love debt
I think it’s more likely that the average person has zero knowledge of the math behind debt/interest. You can’t blame them, though; if the average person came out of school knowing about personal finance, jews would find it a lot less lucrative.

>>510999790 (OP)
My house is paid off, my truck is paid off, I have a company leased car that I’m going to buy when the lease is up since I like it and it’s low mileage and over serviced.
And $8k credit card debt with no interest for a year.

>>511000285
>Why not just rent for 60 years before you buy a house
Are you fucking retarded or what

>>510999790 (OP)
Debt allows some in-group people to get out-group people to work for them for free. If the in-group people have extra control they'll push that slider to 11 obviously.

>>510999962
This. It's actually better than buying in cash most of the time because the long-term return on investing will be higher than the interest paid on a mortgage.