'I’m making the most money I've ever made, and I’m still living paycheck to paycheck'

“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • Patches@sh.itjust.works
    3·
    8 months ago

    They codified that so yes you will pay it off eventually. It will no longer continue to grow forever. However it will take an excessively long amount of time. Like taking a 30-year mortgage to buy a bag of fuckin McDonalds.

    For example the couple above, 62 and 65, will almost assuredly be dead by the time they pay it off at minimum payment.