reply to post by dogstar23
I understand your points. Yes, GDP to debt ratio is better in US than in several other countries. Although the total sum is larger. Although looking
at recent statistics, the debt is increasing incredily fast compared to countries with more debt, so that the total amoun might soon become larger,
unless something is done. 901 billion dollars in deficit this year, is about 6-7% added to debt to GDP ratio, which is a lot. If it continues for 3-4
years (similar one), soon US will have nearly 100% of debt to GDP ratio, which is much higher than in most OECD countries, considering that every
country in EU who has/is in economical crisis has over 100% ratio. About 90% is the one, where it starts to affect economy more and more, studies
About wasting. I should not have put pets there sorry. I had read an article about spring fashion for pets and for some reason I associated it with
these statistics. Of course some % of it has some pointless wasting like clothes for pets, althoughly mostly spending on pets is nothing bad.
About cars. I dislike too many cars personally. Working is one thing, although when living in US I saw too much of people using cars for short trips.
I personally only use car if the trip is over 10 miles... Up to that it is easy to use my bicycle. A one-mile trip is just 10 minutes of walking or
even less. Not worth it. When working I noticed nearly everybody using cars to get to work, even people who lived nearby the office. I lived about 5
miles, one of the furthest. Every day I took a bike. It does not take much time to drive 5 miles, it doesnt break a sweat
So I can not get such
attitude... and see it as wasting gas...
I have to admit though that public transport system in US is nearly inexistent /very weak, especially in not-so-big cities. Also the amount of bike
roads, pedestrian roads is weaker. In the area I lived there was no bicycle roads, I was cursed at so many times, although I did not directly affect
anybody, drove as in side of the road as possible. The sprinklers were working all day long (most of the day) across the pedestrian roads, so that
side was a nightmare, at least compared to most EU countries. In most countries in EU, public transport system is very strong and costs much less than
driving a car, so expecially lower class usually uses public transport as means of transportation to work.
One thing I can not understand to be honest.
Nearly everything is US, especially foods, clothes, tech cost much less than in EU. Your salaries though (as there are less taxes), are much higher. I
dont get how come so many people still have financial problems?
Even with the insurances and rent, I wouldnt get how can one be in financial trouble, if earning around 500 bucks a week (which is less than average
salary in US). Sorry, but for me it just seems as poor financial intelligence and spending too much on impulsive decisions.
In a way it is similar here. Of course, many people earn less than 1k euros (1300 dollars a month) (with 2x the prices of US at least on consumer
stuff), although most people are doing very poorly. I personally earn 3x the average salary here (to be honest it is similar to most of the
The senate salary is about 70k-80k, same for government a year), I earn about 50k, although I spend about 10k-20k in a year for living.
Everything else I invest (at least 30% in a year, other goes to travel or trainings. To be honest. I cant get how people who earn 1300 a month have
financial troubles, especially younger people, who do not have families yet. I live in the central of the city, where the rent prices are higher than
elsewhere. I eat organic food mostly, buy quality clothes (not designer, qualityn which is not cheap). I go to theatre, cinema a lot. I go to parties
a lot, am a smoker and yet my spendings are not that high. Financial intelligence should be taught to people
Wow, CK jeans lasting 3 years, thats nice
Here the materials are probably worse
My CKs I bought couple of years ago, wore out in about 4 months
I personally prefer Pepe Jeans, G-Star Raw jeans. These are above the average price, although the best material and nice looks