Andrew Lokenauth on Nostr: "The American Dream" is a debt trap: • $60,000 car loans • $50,000 weddings • ...
"The American Dream" is a debt trap:
• $60,000 car loans
• $50,000 weddings
• $700,000 mortgages
• $200,000 student loan debt
$1 million of debt by age 30 for many.
Then work 40 hours a week for 50 years to pay it all back.
And get 2 weeks of vacation a year until you retire at 67.
It sounds more like the "American Nightmare".
Published at
2024-06-21 13:16:15Event JSON
{
"id": "42c7f6e59b2dae883216a02d3cf41cbc89a4fec4a40ee9d46f11b15fb7666f14",
"pubkey": "7d1f7182342197cd56100bd8ae71d0638635daa26a91adfce41a6ae4b9d55ad1",
"created_at": 1718975775,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/@FluentInFinance/112654796439577312",
"web"
],
[
"proxy",
"https://mastodon.social/users/FluentInFinance/statuses/112654796439577312",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.social/users/FluentInFinance/statuses/112654796439577312",
"pink.momostr"
]
],
"content": "\"The American Dream\" is a debt trap:\n\n• $60,000 car loans\n• $50,000 weddings\n• $700,000 mortgages\n• $200,000 student loan debt\n\n$1 million of debt by age 30 for many.\n\nThen work 40 hours a week for 50 years to pay it all back.\n\nAnd get 2 weeks of vacation a year until you retire at 67.\n\nIt sounds more like the \"American Nightmare\".",
"sig": "b13f4f3d09f6f7cb96c7df188a325a248c827be2cd2be25fed34351db30e8e8c21311d219bea866d5c08d04df808f2b099c819be473d862e974ff5437b53cf83"
}