> revolving door of debt A lot of this debt is replacement for missing income. Given the increasing gap[1] between income and productivity as debt substitutes

> revolving door of debt A lot of this debt is replacement for missing income. Given the increasing gap[1] between income and productivity as debt substitutes for income, is a "revolving door of debt" or "debt instead of savings is the new normal"? Yes, predatory loan sharks should be harshly regulated and obviously improvements should be made to checking and other financial systems. I'm only suggesting that we also need to address the larger causes, or we're leaving half the problem unfixed. As long as income continues to drop relative to productivity, there will always be opportunists trying to "help" with predatory terms. [1] https://upload.wikimedia.org/wikipedia/commons/e/ef/Productivity_and_Real_Median_Family_Income_Growth_in_the_United_States.png https://upload.wikimedia.org/wikipedia/commons/e/ef/Producti...