I came into say what the last two posters said, they are consuming by using debt and that maybe good for the producers....right now, but it ain't good for producers in 5 or 10 years.
Wait, have the idiot youth convinced themselves that they don't ever have to pay back any debt? Or do they just plan on the world ending or suicide before they have to worry about it? I'll let you know right now, that living like the world is going to end soon is very much not a good idea.
Yes
But in fairness, we (modern Americans) are the ones living in exceptional times. For most of human history, the idea of maintaining ownership of property acquired in your youth until retirement age or of contracts agreed to in your youth being enforceable decades later would have been laughable. There used to be a
lot more churn.
