The Normalization of Debt: How Borrowed Living Became a Cultural Cornerstone
For generations, the specter of debt carried a potent social stigma. It whispered of imprudence, failure, and a lack of moral fortitude. Our grandparents often lived by the adage, “If you can’t afford it, you don’t buy it.” Savings were sacred, and the concept of “living within one’s means” was a deeply ingrained cultural virtue. … Read more