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Ask Lemmy@lemmy.world · 1 month ago

Why do Americans pretend they're not broke when most Americans are in debt?

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Why do Americans pretend they're not broke when most Americans are in debt?

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Ask Lemmy@lemmy.world · 1 month ago

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FreedomAdvocate@lemmy.net.au
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1 month ago
No, debt can be good. If you’re making more money from an asset than the interest on the loan used to buy that asset, it’s good debt.
- baronofclubs@lemmy.world
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  1 month ago
  Good for who?
  - nomy@lemmy.zip
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    1 month ago
    For the person holding the debt.
  - ScoffingLizard@lemmy.dbzer0.com
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    1 month ago
    Rich people always say never to use your own money to start a business.

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