42 sats \ 1 reply \ @neurojack 15 May \ on: Argentina: the mortgage trap is opening up again for more and more people econ
It sounds like you think debt is a bad thing. I don't think that is true. Debt is a valuable tool in any economy. However, the high finance and lack of transparency that comes with it are problematic. Fractional banking is also problematic, as is money printing.
Debt can help house a family or a business grow.