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| Well people can't really afford all the goods & services that they buy but they don't need to. They just need to be able to afford the interest on the charges they make on their credit cards. | |
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| But banks charge high rates for credit cards. Doesn't that just mean that everyone's debt will grow faster than their savings? Do people really need to buy goods & services they can't afford? | |
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| If people don't buy then the economy won't expand. | |
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| But if people spend money on things they don't really need with money that they don't really have. Doesn't that just create more problems for everyone? | |
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| Well people won't be able to keep buying things they don't need with money they don't have. They can't simply raise their... let's call it a "debt ceiling", they will eventually run out of credt. | |
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