Comment by alexfromapex

I think the culture of getting a loan for everything is part of what’s perpetuating the bad economy. You’re giving your money away to the bank to borrow their money while they sit back and do nothing to collect. A little patience and you can have that car or house without paying double the cost and then the banks don’t get your money and it incentivizes other parts of the economy that don’t involve lining the pockets of the already very rich.