An an European I don't understand the careless way Americans are driven into debt. With the economy having 5 years burst cycles any longer loan is just asking f

An an European I don't understand the careless way Americans are driven into debt. With the economy having 5 years burst cycles any longer loan is just asking for trouble. (also owner of a 13 yo Alfa Romeo which I got used 8 years ago and it's still kicking asses, paid 25% of original value because, Alfas)