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Topic: Not enough debt - page 4. (Read 653 times)

legendary
Activity: 3248
Merit: 1179
June 27, 2024, 02:28:45 PM
#4
World is not enough in debt.
...

I guess this is sarcasm... the debt is higher than ever before, and probably it will be even higher in the future. And many people are in debt, which is less of a problem than the fact that many states and institutions are in much greater debt. This brings us to the main question of who is holding all these debts.

The system is damaged and corrupted to the bones and I don't see the better days without some big changes.
full member
Activity: 350
Merit: 128
June 27, 2024, 12:59:56 PM
#3
More debt will make everybody working harder no debt makes society more lazy.

It's actually not advisable to remain in debt but though it you must have to borrow in other to establish productively, so be it.
It's also visible that the aco
Knowledgement of being in debt could inspire a debtor to more hardworking and thriving on clearing their debts.
Being in debt can as well prompt debtors to discover more potnetials around them and so as much as the struggles continues, so also it's potential to increase once values.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
June 27, 2024, 12:41:49 PM
#2
World is not enough in debt.

More debt will make everybody working harder no debt makes society more lazy.


So you're saying most of the people in this world is living a debt free life?

If I am not wrong around 10% (max) of the world population can afford to live such life and others has highly dependent on loan for big purchases and that loan itself end their life cycle in a payment cycle trap for 20 to 30 years.

Better try to live debt free is possible and I wouldn't call it as lazy, it's just peaceful life.
member
Activity: 474
Merit: 11
June 27, 2024, 10:48:18 AM
#1
World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.
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