Unfortunately, leveraged burritos are entering default status.

Society pushes debt as the fix for rising costs in essentials, education, housing, inflation, and governance, leaving sentiment lower than crisis peaks and economies overwhelmed by obligations. This cycle risks long-term instability despite short-term relief.

Also, most people find, that due to the inflation baked in, that a mortgage is very affordable years down the road. A 50 year mortgage for a house bought say in 1980, would only be a few hundred per month at this point. Overall, since the house ain’t going anywhere, I think a 50-year mortgage will help people.

Well, the solution is definitely not being stuck living in an apartment your whole life paying annual rent increases. At a minimum a 50 year mortgage, let you lock in a monthly payment and and collect equity It is the best hedge against inflation there is If you can afford a 30 get a 30, but if you can't and a 50 lets you get a house and then you can refinance later. What's the problem?

All because they haven’t let the market correct, they keep stepping in to kick the can down the road, you can only ignore fundamentals until you can’t ignore them anymore and they will put you into submission, it’s just time to face the piper

Everyone’s long debt, even if they don’t know it.

The cause of the rise in money supply / debt in the US is the policy choice not to reduce extreme inequality. Countries which fail to adequately distribute existing money supply broadly enough, suffer from insufficient aggregate demand to support full employment. If their govt and central bank are mandated for full employment (as is the case in the US), then the response to inadequate demand must either be to consistently distribute existing money supply more broadly (reduce income inequality) or monetary and fiscal stimulus (adding to money supply / debt).

A lot of people do it to themselves though. There are ways to stay out of debt. Start budgeting, spend only what you have and can afford, and focus on building real financial security instead of living paycheck to paycheck.

But it's not. The consumer has been deleveraging to overall debt (household) since the GFC, for 17 years.

To be clear a 50yr vs 30yr isn't taking on more debt, just dragging it out longer. This is potentially good if you have a reduced payment per month, and are investing the difference at a higher rate than the loan. It's also potentially good if the rate is good and you otherwise couldn't afford the loan. But that also depends on the equity portion and estimated appreciation vs the payment per month compared to renting... And if renting would result in having extra money when compared against that equity growth to invest as well. The short of it is... Depends on your options and your investing plans.

That’s why I sized in heavy into $AFRM at sub $30 last year. The BNPL model has paved the way for consumers as discretionary income dwindles.

We don’t fix anything — we just leverage the problem and sell it back to you with interest. Can’t afford life? Take on more debt. Can’t breathe? Here’s a 50-year mortgage. They don’t want you financially free — they want you financed forever.

This was a pattern witnessed some time ago. data suggests once algorithms started looking to exploit this pattern it became a problematic pattern unto itself, while tech and finance used AI to create social deception, anomalies in this pattern returned back to resolve pattern.

that is because us focused on the financial side of the economy and all other nations to follow. no one wants to make a difference in the actual system, which way harder. it is unclear how long central banks can flood this mess. once broken expect full chaos.

The real issue isn’t that people “love debt.” It’s that wages, housing, and essentials have outpaced reality and debt became the default coping mechanism. People aren’t irresponsible. They’re exhausted.

Correct. As it was written 👇 “The rich ruleth over the poor, and the borrower is servant to the lender.” (Proverbs 22:7 KJV) Which is their their. Read people. Read 👇 “And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, Give us bread: for why should we die in thy presence? for the money faileth. And Joseph said, Give your cattle; and I will give you for your cattle, if money fail. And they brought their cattle unto Joseph: and Joseph gave them bread in exchange for horses, and for the flocks, and for the cattle of the herds, and for the asses: and he fed them with bread for all their cattle for that year. When that year was ended, they came unto him the second year, and said unto him, We will not hide it from my lord, how that our money is spent; my lord also hath our herds of cattle; there is not ought left in the sight of my lord, but our bodies, and our lands: Wherefore shall we die before thine eyes, both we and our land? buy us and our land for bread, and we and our land will be servants unto Pharaoh: and give us seed, that we may live, and not die, that the land be not desolate. And Joseph bought all the land of Egypt for Pharaoh; for the Egyptians sold every man his field, because the famine prevailed over them: so the land became Pharaoh’s.” (Genesis 47:15-20 KJV)

Anyhow debt isn’t the same thing now at all, it is just a significant ridiculous pattern, and has been for a while. Not looking for the obvious

Debt can be a powerful force. But it must be used in moderation and wielded with caution. Benjamin Franklin, who was tasked with designing a coin (the fugio cent) in the early days of the US, famously put the following statement on each coin: “Mind your business.” Fun fact, the flip side of the coin had inscribed: “We are one.”

Israel Americans are an anchor and America is drowning.

I don’t have any debt. Perhaps I should check myself into the ER. They’ll surely give me a bill large enough to require debt since we were royally screwed by Obamacare.

The average mortgage span is 10 years

Remove government backing for student loans and enforce antitrust-style limits on corporate bulk home purchases. Do those two things, and a lot of this debt spiral fixes itself. Open to debate. ⚓️

There’s a payment plan for groceries, gas, rent, clothes not because people want credit, but because they can’t afford life in cash. Debt isn’t a tool anymore. It’s the default.

It’s literally a debt based economy designed for failure -the entire money supply is Lent into existence from nothing and every dollar is owed interest

Important to understand how this reliance on debt affects long-term financial stability and market behavior. 50 years is going to be the new norm? It would be interesting to see how the new payoff structure and risk profile are for the MBS.

we’ve lived in that world for a while. no?

The 50 yr mortgage is the Trump white flag, every scheme to salvage a broken debt based ponzi has failed, this one will fail as well, it is the admission of failure. They know they can't lower rates because the printer will flood the world with 100x debt, vacuuming up all the remaining wealth and commiting as collateral, leaving nothing behind to live on. So they float this preposterous plan. When it falls flat, the Weimar debt spiral begins & nobody ( everybody ) knows where this ends. When currency had gold backing the wealth of the failed state flowed to the nation with the most powerful potential, but the central banks have burned the bridge behind them. It is a bitter thing that mummy has to say

The question is, who is giving it and who is paying it back?

At first, I was opposed to it, then I thought, it's really a choice 🫤

Financial literacy is more important now than ever… assets >> liabilities

Keynesian end game

Borrowing money to buy a house makes sense, but the interests will have to be paid. Unlike for other material things, the collateral value of a house should cover the debt if you take good care of the property. If you can’t afford what you need, work more to study and find a better way of making money, or work more. I remember when a couple of fathers had to take nightshifts or another job during the weekend to cover their expenses.

Debt is a bandaid, not a solution. Time to address the root causes of financial strain and government mismanagement. Trump's policies cut to the chase.

Debt isn't the solution — it's the trap.

Debt’s the symptom. System’s the problem. Bitcoin’s the exit.