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>barring misfortune like a health incident. Here is a reminder to everyone that a health incident is only a financial misfortune in the US.
by fooker 7y ago
>barring misfortune like a health incident.
Here is a reminder to everyone that a health incident is only a financial misfortune in the US.
- ghaff 7y agoIf a health incident makes you unable to work, that's a financial issue in much of the world.
- pound 7y agoIt's not just being unable to work, it's about all savings: "66.5 percent of all bankruptcies were tied to medical issues"
- NotHereNotThere 7y agoNot being able to work is one thing. Not being able to work and have hundreds of thousands of dollars of debt because of it is a whole other situation
- fooker 7y ago> that's a financial issue in much of the world. Well, unless they have a pension. Which about half the countries in the world seems to provide, at least for government jobs.
- ghaff 7y agoThere often are in the US as well for government jobs. But they usually depend on a significant number of years of tenure and defined benefit plans are pretty rare at this point for private employers. (Which isn't even necessarily a bad thing unless you think retirement benefits should be heavily tied to decades of employment with a single company.)