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Old 05-31-2006, 09:46 AM
cbmeeks cbmeeks is offline
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Default Re: Why do so many of the 'Personal Finance' threads...

Quote:
Originally Posted by Sweepsplayer
cbmeeks, is it credit cards that is the real problem with America's spending habits, or do you think perhaps it goes deeper than that?

I would argue there are more fundamental problems at work here. Things like:
- The overwhelming desire to keep up with the Joneses
- An unhealthy obsession with material possessions rather than sentimental wealth
- The massive amount of marketing that Americans are exposed to, and the inability or unwillingness of Americans to ignore these messages
etc.

No, I agree. However, it's like is cocain really the drug problem or is it peoples' ability to be addicted?

No cocain, no cocain problem.

Granted, cocain can mess you up more than bad credit but the idea is the same. :-)
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