Utopia Talk - Politics - Norway,Denmark, Sweden, Switzerland debt

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Utopia Talk / Politics / Norway,Denmark, Sweden, Switzerland debt

Habebe
rank Sat Jan 31 20:13:08
https://ww...s-with-highest-household-debt/

I threw Norway up mainly because of Jergul, but honestly I was a bit surprised all those countries beat the US who is tied with Malaysia at for debt/GDP ratio.

Rugian
rank Sat Jan 31 21:23:04
The entire Western world has become hopelessly addicted to debt. Especially now that we're solidly in an era of slow population/production growth across the First World.

Pillz
rank Sat Jan 31 21:28:00
'Hopelessly addicted' is a funny way to put it, when people are programmed to accumulate debt and the vast majority have no alternative.

And frankly, house hold debt is a pretty shitty metric, as it assumes a mortgage is any different than a lease. Rent should be calculated as a debt.

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Habebe rank	Sat Jan 31 20:13:08 https://ww...s-with-highest-household-debt/ I threw Norway up mainly because of Jergul, but honestly I was a bit surprised all those countries beat the US who is tied with Malaysia at for debt/GDP ratio.
Rugian rank	Sat Jan 31 21:23:04 The entire Western world has become hopelessly addicted to debt. Especially now that we're solidly in an era of slow population/production growth across the First World.
Pillz rank	Sat Jan 31 21:28:00 'Hopelessly addicted' is a funny way to put it, when people are programmed to accumulate debt and the vast majority have no alternative. And frankly, house hold debt is a pretty shitty metric, as it assumes a mortgage is any different than a lease. Rent should be calculated as a debt.
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