Americans And Debt
If you have $10 in your pocket and no debts, you are wealthier than 25% of Americans. Last year, Credit Suisse released a report revealing just how poor people are, especially in the United States where debt runs rampant. Mostly, it’s young people who are deep in debt because they graduate from college with massive student loans. And there’s a disturbing trend of buying things people can’t afford just to impress other people.