Copy this bookmark:



description:


tags:



bookmark detail

Debt: A Love Story | Andrew Goldman | Wealthsimple | 06 November 2018
Well-educated and well-paid American couple with an armful of credit cards, two mortgages, a succession of cars, a Whole Foods habit, and three children in private school, wonder — with an awe-inspiring mixture of naivety, denial, foolishness and entitlement — marvel that are always in debt. “You can’t believe how many credit card and loan solicitations we get in the mail. When they come, we research them and make sure it’s not something really crazy. Obviously they’d have to be slightly crazy to approach us with a loan. But then we ask them for it, and they give us money. It’s ridiculous”
from instapaper
12 weeks ago by petulantskeptic
view in context