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....So some desperate borrowers are resorting to more perilous measures: raiding their retirement accounts and insurance plans and seeking loans from alternative credit sources such as payday lenders and pawnshops that extract a high price for the cash....
I don't contribute to my retirement because I believe that it's going to be stolen by the government because my generation is going to retire after the collapse of social security (2030) and I expect whatever is saved is going to be redistributed.
Hopefully, people are going to be so deep in debt, they'll force a full stop to government spending so that taxes are reduced... Dare to dream...
They keep raising my parents. And, my mom keeps spending. (over 2,100 this week, ha). But, of course. They pay it all back in time. So, it's not like the credit card companies are making much off of her. xD
Who gets the blame on this one? Since no one takes ownership over there own financial mess anymore.
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