debt

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U.S. Credit Downgrade: When Words Don't Matter

17 May 2025 3 minute read 1 comment Myxoplixx

Politicians can endlessly tout growth figures or shift blame for recessions, but much of their rhetoric serves narrow political ends rather than revealing the economy’s true health. Behind the scenes, however, sovereign‐wealth managers, hedge‐fund ch...

Credit Cards: Good or Bad?

24 Jan 2025 3 minute read 1 comment Rajat G

Credit Cards: Good or Bad? Credit Cards are one form of plastic money that allows the user to borrow money from the issuing authority generally a bank or financial institution. Credit cards allow users to purchase things on credit (means that yo...

What's Stopping Me From Debtmaxxing and Faking My Death? | 4chan greentext

21 Dec 2024 1 minute read 0 comments Biz Wisdom

What's stopping me from loaning and maxxing out credit cards, then just faking my own death and retiring in third world? . Your credit score. I know it's lower than 500 anon. . There's no life in third world countries. . >Faking my own death Don't ev...

Wiz Drip 76. Watch Out for the Wolf in Sheep’s Clothing

17 Dec 2024 1 minute read 0 comments Krisz Rokk

Liabilities. You love your fabulous spot on our balance sheet, especially when we confuse you with your twin. You’re perceived as a burden by those who don’t know how to play the 3D game and win, although you can be alchemized into an adorable asset...

Can the World Reverse Decades of Financial Overload?

3 Dec 2024 2 minute read 1 comment FKlivestolearn

Although the global debt has receded in 2023 from record levels reached post-pandemic, the world is still grappling with debt addiction.  While debt can stimulate growth and bridge gaps during economic downturns, it becomes problematic when mismanage...

How Much Debt Do You Have? | 4chan greentext

8 Nov 2024 1 minute read 1 comment Biz Wisdom

How much debt do you have? . $0. . $10K. I owe the government taxes. . I have $150 on my credit card from buying food yesterday. I intend to pay it off with zero interest. I have auto pay on if I forget to do it. . $100K mortgage. Debt is nothing and...

Every Congressmen and Senator who voted YES to INCREASE the Debt Limit are RESPONSIBLE

30 Oct 2024 1 minute read 0 comments X15

For our US GOVERNMENT Debt limit. This has been done for many years and now we are looking at a US DEBT default. Year after year the debt limit has been increase. No decrease in spending by Congress. No, no, just more debt limit increases. So our US...

Importance of closing the Home Loan ASAP

8 Oct 2024 2 minute read 1 comment Bala

Home loans are one of the biggest burdens in our lives. It will be very nice to invest in our dream home but when it comes to finishing off the loan, it can be a huge effort. But the reality is that if we don't close the loan as soon as possible, we...

US debt breaks record: 35.66 trillion in 24 hours

3 Oct 2024 1 minute read 1 comment Albertocrypto

The U.S. government has hit a new high in its national debt as fiscal year 2025 begins. The latest data from the Treasury Department, through its “Debt to the Penny” database, reveals a significant jump in the national debt, which has increased by mo...

DEBT

4 Aug 2024 5 minute read 0 comments X15

     Seems most people today in the land of the free and home of the brave are on the verge of owning nothing and being very unhappy. Debt has consumed our society. I only know a few people who own their homes outright. Who's cars are paid for outrig...