Jxn Vol
Well-Known Member
- Joined
- Jan 28, 2011
- Messages
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IPhones aren't cheap, new vehicles aren't cheap, Daily Starbucks isn't cheap, trying to show people up on Instagram isn't cheap, etc....
Wealthy Consumers Living Paycheck To PaycheckI'm still trying to figure out how a single person making $125k can't pay a student loan.
Our data finds that, in April 2022, 36% of consumers earning $100,000 to $150,000, 31% earning $150,000 to $200,000, 26% earning $200,000 to $250,000 and 24% earning more than $250,000 were living paycheck to paycheck
We have raised an entire population of fiscal morons
Man Biden is getting desperate.
banking doesn't work if you don't limit defaults and earn a return on the principle loaned. that is the right thing.
making banks give bad loans is the wrong thing (see 2008).