What are the main problems with personal dept in society?
Answers:
I think that the biggest problems are -
1. Wages are too low.
2. Folks are living way beyond their means.
personal department, what is that?
too many with the same name ?
* Try getting a loan. You'll pay a much higher interest rate.
* Higher insurance rates.
* Fewer chances of getting a job. They check your credit rating.
That is a huge question! It's almost impossible to answer, because really debt is fuelling the powers that be in their conquering of the planets resources. Also they use debt to keep us wage-slaves in their power.
Personal debt is about balance, if you can repay what you have borrowed, then all is well. But. If you were to research money lending then it would put you off for life.
Ultimately, all borrowings have to be repaid, and as it says in the bible - neither a lender nor a borrower be. And it makes so much sense.
You really need a good book on the subject, there is so much to the subject.
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