Don't Get Carried Away
America is gearing up for another "Black Friday" of shopping for junk that nobody needs. My daily newspapers are all starting to look like Sunday papers with the extra ads and circulars and sales spectaculars and inserts. And the mail is filled with offers from credit card companies, trying to drive us all even further into debt. Last night I watched the 2006 documentary Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders, a fascinating look at how politicians waste our money, how we waste our money, and how financial institutions thrive on keeping us all in debt and making those minimum monthly payments until we die. Grim but true.
Let's not get carried away with our credit cards this week.
The Greatest Enemy, besides Fear, is Debt.