Is America a society addicted to debt?
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ANSWERS: 4
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America is a society addicted to reality TV.
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Yes, especially younger Americans who are irresponsible with money.
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the entire western world is. Our money is losing value by the day the Australian dollar has lost half its buying power in the last 13 years if you want to buy a house now compared to 13 years ago the prices have doubled even here in shitsvile where I live. With out borrowing its hard to buy anything nice why one needs to drive a $80k car I dont know.
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𝙅𝙚𝙣𝙣𝙮 𝙏𝙝𝙚 𝙂𝙧𝙚𝙖𝙩 ⭐ An average new car in America costs $50k and up. And since many Americans cannot make ends meet, they are keeping their old cars until the wheels fall off. Which is why car dealerships are flooded with unsold new cars: https://youtu.be/0QcrGIEiGe0?si=gGRTpf-_SyDaD6di -
★Stevo why big company's are screwed and small operators spend their weekends fixing old shit time to yourself costs nothing or working for free to stay in the game the mobs that use such trucks , to go to work. What does one write on a quote valid for 30 days? Pending the fuel cost? not we will supply remote cool room for so X amount of $? -
𝙅𝙚𝙣𝙣𝙮 𝙏𝙝𝙚 𝙂𝙧𝙚𝙖𝙩 ⭐ Big name companies in the US are screwed. They include GMC, Ford, Chrysler to name some car makes, McDonald's, KFC, Wendy's, Chipotle, including Target, Costco, Walgreens, 7-Eleven and etc. Also, thousands of store closures are driven by high debt, falling consumer sentiment, and competition from e-commerce. Consumers are starting to wise up. I'm sure you know how it is that when money gets tight, consumers cut back on non-essential spending, while companies struggle, close or go bankrupt. What is happening in the US, it is spreading in Australia.
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★Stevo the same story here in my town of the few shops left most of them are corpo owned lots of empty shops now
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Addicted to getting things they cannot afford in one purchase. 4/30/26
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