2 ms·
Seems you are not much aware of outside the relatively well off friends' circle. Here is how precarious financial conditions for lot of americans is [1]. Key Q
by geodel 10y ago
Seems you are not much aware of outside the relatively well off friends' circle. Here is how precarious financial conditions for lot of americans is [1].
Key Quote: "47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all."
On the other hand in India it would be very obvious to borrow money considering around 80% of population live on couple of dollars a day.
1. https://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/ https://www.theatlantic.com/magazine/archive/2016/05/my-secr...