Total household debt in the United States just hit a brand new all-time record high. For a large portion of the U.S. population, debt is a suffocating financial reality that never goes away. Millions upon millions of Americans found themselves drowning in debt the instant that they left college, and a very large percentage of them will still be deep in debt when they die. The entire system is designed to get us into debt and keep us there.
Because a college education has become so expensive, most Americans have to go into debt to get one. Once you get out of school, you rapidly discover that you are going to have to go into more debt to get a vehicle or buy a home. And don’t even get me started on medical debt. Most Americans, and this is especially true for those under the age of 40, are carrying mountains of soul-crushing debt. This is one of the primary reasons why young adults seem to be so angry all the time.