Our good friends at Stats Canada published on Friday the Labor Force Survey for June 2011, and in it was some better news than what ou friends south of the boarder received. Â Our Employment numbers… Read More »Employment Up in June in Canada (2011)
The user dives into the topic of debt, reflecting on past content and reevaluating previous statements. Major themes cover the personal and societal costs of debt, and the absence of the concept of “good” debt. The user presents interesting analogies, comparing debt to fat and, initially, teenage sex, while expressing harsh critiques on those who refuse to acknowledge their financial mistakes. The key message holds that while debt does not inherently denote a bad person, it is undesirable.
Discover why the U.S. is discussing the debt ceiling, and how it can affect Obama’s presidency. Uncover why the debates concerning Greek debt have been so nasty and uncover the crisis. Learn how debt affects people and what debt metaphors Shakespeare used.
The BIg Cajun Man compares debt to teenage sex; both are widely discussed yet often misunderstood. Footing the regular bill of debt approval are banks, credit card companies, and pay day loan companies who benefit from it, despite the potential adverse implications. The normalization of debt is criticized, pointing out that popular acceptance does not denote its validity or acceptability. With an old-school perspective, BCM challenges this, highlighting the “everybody else is doing it” mentality as a flawed justification. BCM invites fresh perspectives on the analogy, showing openness to alternative interpretations.
Is there ever a point in life where you don’t pay down debt ? What do you think ? Debt isn’t going to go away by itself.
