I have a pathological aversion to personal debt. It has meant that I have remained a free agent for my 30 year career. I haven’t had fancy things, but I’ve alway had the freedom to walk. Turns out that scales to a country level too..
https://scheerpost.com/2024/08/06/debt-is-political-why-wealth-flows-from-poor-to-rich
Debt and lack of taxes on the wealthy makes your children poor.
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