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Originally posted by Vitchilo
When rent is $500/month, utilities $400 month, food a measly $100 month, and you make 960 month before taxes, FICA, etc. how in the world are you to survive? You are already $40/month in debt working 40+ hours a week with no debt from your gross paycheck, not your net.
What? I'm in Canada, and here it's not as high as in the US but still...
I work 40 hours a week, and I earn a little over the minimum wage.
My rent is 615$/month, utilities 150$/month, food merely 160$/month and rising... and I don't count the bus/car/cab... that makes 925$/month and I make 1040$ a month...that let me 115$ a month...and you cut back the earlier school debt I contracted because it was impossible otherwise... how the hell I am suppose to do more studies? If I go back in school, I won't be able to pay anything and I'll be thousands of dollar in debt in no time... goddamn... Yeah great farking society of freedom my ...
Originally posted by pacificwind
Actually its more like being an indentured servant, not slavery. You choose to go into debt, no one forces you to. I have no problem with debt, as long as its managed - and I choose to take on the debt I get myself in.
Originally posted by chromatico
reply to post by whitewave
Too bad there were lots of panics when the gold standard was used.