Newminimalists reject illusion, delusion, and reckless debt and spending.
The illusion is that Americans can keep spending more money than they have. The delusion is that a person who earns $US 22, 000 can continue to command $US 90, 000 in debt [as reported by Dave Ramsay]. The real US economy has interest rates at Zero, national debt running at $US 26 trillion, and consumer debt at record levels. Remember there are 40 to 50 million people who are unemployed. There are more and more homeless people seeping onto the streets of America. Meanwhile the Dow Index is being propped up by a phase of US monetary policy that has flooded the markets with liquidity. And all the time the current American President is inflating an illusion, using his re-election stage to push a dangerous delusion, and never taking responsibility for a US economy that is on its knees.
Richard
Talk to me via direct messaging or email at minimal-you.com
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