EP 205: The Burden of Credit Card Debt
The 2AM Podcast · The 2AM Podcast
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Show Notes
We go into a spontaneous discussion about credit cards, carrying debt, credit lines, the American financial system and more!
TIMESTAMPS:
(0:00) Our sponsors
(4:00) The credit card game
(6:00) Credit scores
(8:00) Charging interest
(11:00) Slippery slope of using credit
(13:30) Is the credit system a scam?
(20:00) Bombarded with credit card offers
(22:30) Islamic countries don't have interest
(26:40) Debt creating learned helplessness
(28:00) The strength of the American dollar
(32:00) Inflation & investments
(36:30) Excessive consumerism
(35:40) Skills pay the bills
(42:00) Outro
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