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People Believing They Are Happy With Debt

People Believing They Are Happy With Debt

Is it true that most in North America live in a false illusion of being happy while huge debt looms overhead?

Debt Happy They Believing People

Maude Barlow: "The World Has Divided into Rich and Poor as at No Time in History"

As world leaders gathered in Toronto for the G20 summit last week, leading activists from around the world joined thousands in Toronto's Massey Hall to oppose the G20 agenda. Maude Barlow was one of the key speakers at the event. She heads the Council of Canadians, Canada's largest public advocacy organization, and is a founder of the Blue Planet Project. Ref. Source 6

People Believing They Are Happy With Debt History & Civil Business Politics

Name: Beep
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Comments: That's because they keep pushing buy this ads in our face. Then our stupid coworkers makes look like dummies if we don't buy it. Out comes the credit card and another sucker has been taken.

Debt Happy They Believing People

It's back with a vengeance: Private debt:

As Washington is struggling with debt and all its political ramifications, American companies and consumers are embracing it, running up record amounts in 2013. Ref. Source 1

Debt Happy They Believing People

We live in a time where material possessions matter. Marketing has done a good job of telling you that you can't be happy unless you have the big screen HDTV or the newest model of car. People think that by having these things it makes them happier - its all the opposite.

People Believing They Are Happy With Debt

Another aspect of this is they don't pay their debts on time and let it mount up. This adds up to a bad credit rating and double the amount you owed.

People Believing They Happy Debt

America's Poor, Deeper in Debt Than Ever:

As of 2013, the debts of the quarter of families with the lowest net worth stood at about 156 percent of pretax income, according to the Fed data. That's more than in 2007, before the financial crisis hit. It's also more than any of the wealthier groups -- something that hadn't happened Ref. Source 8

People Believing They Happy Debt Politics Business Civil & History

American households racking up more debt ;

And total household debt, including mortgages, has ballooned to $132,529, up from $88,063 in 2002 Ref. Source 8c.