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DEBT - Addressing the individual spending problem (Part 2/2)

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First published at 12:53 UTC on September 23rd, 2019.

Freedom Alternative

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Going $50k into debt to attend a wedding is unsound decision making. Not being able to live comfortably while making 13 to 14 times more than the global household income is not the fault of capitalism, boomers, the government or corporations - but y…

Simple things that, sadly, are now controversial. But someone has to say them because the next recession will be even harsher. And as long as individual (poor) decision making isn't addressed, this won't stop. Yes, it may be convenient to rally the troops against a villain (be it Wall Street for the Left or the Fed for libertarians or the State for conservatives) - but it's not helpful.

What's helpful is to tend for your own finances before asking anything from others.

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Intro music credits: https://blocsonic.com/releases/track/bscomp0031-disc-1-1-nanowar-of-steel-nanowar

WSJ Story - https://www.wsj.com/articles/families-go-deep-in-debt-to-stay-in-the-middle-class-11564673734

CNBC Story - https://www.cnbc.com/2019/07/12/she-owes-500000-in-student-loans-giant-balances-are-on-the-rise.html

Healthcare costs - https://www.businessinsider.com/healthcare-costs-in-all-50-states-ranked-2019-3#2-south-dakota-8286-9

Nosocomial infections USA - https://www.cdc.gov/hai/data/index.html

Full report on nosocomial infections Europe - https://ecdc.europa.eu/en/publications-data/point-prevalence-survey-healthcare-associated-infections-and-antimicrobial-use-4

Myths about government debt - https://www.youtube.com/watch?v=EPjrFjAxwlw

The College Scam - https://www.youtube.com/watch?v=ULFSGNK4VSc