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toxicodendron radicans

In the USA, a typical person has $60000 of debt by the end of their life. Your overall net wealth is very likely to be a negative number, after living to get into debt and perpetually paying it back. Over an entire human lifetime, most people in the richest country the world has ever known, will effectively own nothing and earn less than nothing.

And yet, the idea persists that communism is bad because it means that “you can’t own anything.”

You don’t own anything now.

In case it isn't clear, I put the phrase "you can't own anything" in quote marks there because that's just the clueless argument that people make.

And no, that isn't how communism works. Not at all.

@InvaderXan but all these debts have my name on them at least 🤦‍♂️

@InvaderXan
the biggest problem here which i see as an outsider is that some people have no idea about anything else but: communism and free market

@InvaderXan Very interesting. Where do you find this number? Do you know how it is in other rich countries?

@InvaderXan so, I found the article you're referencing and it looks like it's about debt, *not* about net wealth. for example, if you have a mortgage, that gets counted against you even though the mortgage debt is (hopefully) less than the value of your house.

@InvaderXan
I think it could be replace be something like that "you can't be owned by someone else"

@InvaderXan Yeah I wish I could convince my family of this reality

@InvaderXan

Me dad always told me to never go into debt and honestly I'm lucky AF I never lived somewhere without medicade or I wouldn't had any control over it.

@InvaderXan could i get a source on that $60,000 number?

@efflorescence @witziege I was also curious for more information so used a public online search engine on the terms "united states of america average personal debt 60000 death" and this was the first result: credit.com/blog/americans-are-

@InvaderXan

Credit.comAmericans Are Dying With an Average of $62K of Debt | Credit.comBy Christine DiGangi

@efflorescence @InvaderXan same, please! I’d like to read more about it

@kitty @InvaderXan i found it! it’s in my reply to my reply

@efflorescence ah, it wasn’t showing on my instance. thanks!