I'll support an American before I support a foreigner if I can help it. Debt is temporary if you manage your money the way you should. Then the question becomes a moot point. One of the problems with the mindset of this country is it's all about having the latest and greatest with no regard to how much it costs. People get so far in debt that they're forced to have to choose the $30k car over the $40k car.

Of course, right now everyone except the elites are sucking wind thanks to inflation. Some are hurting more than others. Yet the mindset is still there. I know folks who buy an iphone every single time Apple releases the newest model. I know others who buy a newer model car as soon as the manufacturer makes obvious changes because they don't want to be seen driving something "old". I can give other examples but it's nauseating to think about. These kinds of people are always in debt and wonder why both adults have to work 100 hours a week and never see their kids.

---