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Ask Lemmy@lemmy.world · 3 days ago

Why do Americans pretend they're not broke when most Americans are in debt?

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Why do Americans pretend they're not broke when most Americans are in debt?

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Ask Lemmy@lemmy.world · 3 days ago

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logos@sh.itjust.works
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1 day ago

I could pay off my house tomorrow…

That’s not what being in debt is
- Perspectivist@feddit.uk
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  1 day ago
  Is it not debt when you owe money to the bank?
  - logos@sh.itjust.works
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    1 day ago
    https://www.moneymanagement.org/blog/what-does-it-mean-to-be-in-debt
    - Perspectivist@feddit.uk
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      16 hours ago
      https://www.merriam-webster.com/dictionary/debt
      - logos@sh.itjust.works
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        8 hours ago
        I’m just telling you the meaning of the phrase ‘to be in debt’ vs having some debt. I didn’t invent it.

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