If someone spends themselves into the ground, that's one less person paying in. Multiply that by the millions who do it and it goddamn well does start affecting you.... Once the patient is bled out, there's no saving them. The key is to do something before it gets to that point. Originally Posted by WombRaiderYour ignorance is astounding. If someone habitually overspends and can't handle their debts in this country, they can file for personal bankruptcy. Then they keep working and "paying in" while their debts are discharged. After a few years if they manage their money better, their FICO scores improve and they regain access to credit. The process works even faster and more efficiently on the corporate side. If you weren't so utterly clueless about economics, you would understand how "the perennial gale of creative destruction" is capitalism's biggest strength, not its weakness.
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