...or graph, actually. Found this on wisebread, which is a pretty cool site. But this graph isn't all that cool.
I'm currently reading Margaret Atwood's Payback, which examines the entire concept of debt. It's a fascinating read. Debt has been with us as long as we've been human. Perhaps before; other primates seem to have an acutely developed sense of fairness.
Debt, which can be defined as "unbalance", is ingrained in our very nature. It's not merely financial: there are moral debts, ecological debts, time-debts, and interpersonal debts. Of course, the primary concern nowadays is monetary, but the credit (debt) crisis is only a symptom of a much more pervasive debt which is also coming due. At some point soon we will be in an oil debt. We're approaching an arable land-debt. Over two billion people on this planet have no access to clean drinking water: debt writ large, in neon lights we choose to ignore as we chase the next bauble and further indenture ourselves.
And payback? It's a bitch.
1 comment:
I live debt free ass I can, only the mtg and student loans. It is a sad state, complacency rules and folks just think they "deserve" everything and they want it right now regardless if they have the actual money to buy it.
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