Or, a struggle against a confidence game. The debtpocalypse of mass financialization is working well! Perfectly, even.
In order to make ends meet, 43% of Americans expect to add to their debt in the next six months, especially young adults and parents with young children, according to a separate study by LendingTree.
Most will rely on credit card debt to bridge the gap between what they need and what they can afford, the report found.
Already, the rise in borrowing, together with auto loans, student debt and mortgages, propelled total household debt to a record $15.84 trillion at the beginning of the year.
“The truth is that debt can be either a sign of confidence or struggle,” said Matt Schulz, LendingTree’s chief credit analyst.
Catch that part about young adults and parents? It’s almost like there’s a war on the future of America or something. I’m sure it’s nothing another 80 million enemygrant invaders won’t fix.
“Trespasses” is an enlightenment misinterpretation. Matthew 6:12 literally reads: “And forgive us our debts, as we have forgiven those who are in debt to us.”
“Creditor-friendly” = satanic = destruction of families and society.