I can't wait until the recession hits. I can't wait for the Fed to buy out $50 trillion in debt and inflation hits 3000%
@laconicif @TouchBalls69 Not surprised so many people are doing this. Way too many people have too much debt and no savings, so it is no wonder this is happening.
My wife and I got rid of our credit cards, and not only is the mortgage for our house our only debt, but we have a decent amount of savings.
Ya'll need Dave Ramsey!
@houseoftolstoy @laconicif @TouchBalls69
Of course people preffer debt to savings.
Debt is decreasing with inflation. So saving up money in this environment is just stupid. (From a mathematical viewpoint)
@laconicif @LukeAlmighty @houseoftolstoy I'm buying crypto, stonks, and tools.
@TouchBalls69 @laconicif @houseoftolstoy
I will have to start looking into Crypto.
This shit is crazy.
@LukeAlmighty @laconicif @TouchBalls69 Not the case with credit card debt. Other types like mortgages, yes, but given the issue was people taking out credit card debt, they clearly do not have things under control.
