We live in a time of extreme debts. From the thitd world and ridiculous loan packages and deals where dictatorships get rich and the people pay for it for decades.
And in the United States credit card debts, car debts, mortgages and most awfully for me health care and student loan debts.
In much of the world, education and health care in state paid. The idea that someone would need to declare bankruptcy after surgeries, surviving cancer and heart attacks would be ludicrous. In America, it’s commonplace.
Also, in much of the world, having $50,000 or even more than $100,000 in debt would be crazy. Here it’s considered part of the system. And you can’t even get out of it with bankruptcy.
We need to do so much better.