Posted by Peter Lawler
Deneen explains that it’s more and more common for all sorts of Americans to be easy marks for easy credit rip-offs. This time, he predicts, we won’t be able to "grow" our way our of our indebtedness, and we’re probably heading for a fall.
I have been credit card free since 2003.
I made major mistakes with credit cards in the past, even though they can be justified with a failed business.
If I do not have the money, I can not purchase. Simple decisions. Simple consequences. Something credit, in general, does not give.
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