After what people saw in 2008 and even back in 1929, why are debt rates for credit cards, home mortgages and student loans at record rates again?

People don't seem to be able to remember any longer than a week at a time.

This massive debt addiction that both the government and the public is on will have to end sooner or later.

Kind of like musical chairs.

Don't be the ones left standing when the music stops.

Doesn't that worry you at all?

I see young kids with big new 4x4 diesel pickups or hot cars. With no job, no education, pregnant girlfriend or young babies. Living at home with mom and dad.

They have student debt that can NEVER be written off, ever!

Madness.

All the money is in the hands of the banks/politics/1%.People have to loan to be able to do their thing at the present time.Like families with kids need a nice home to raise the kids.And so on......
There isnt enough money in circulation,peoples hands circulation.All the QE free money is only for the most evil ones alive.

Interest rates are about to go WAY up soon.

What will you do with all of that debt then?

It's all about discipline.

If you can't afford to have kids without debt, then don't have them.

There is PLENTY of money in circulation if you are disciplined, intelligent and hard working. Most people are not.

If you can't pay cash, don't buy it, it's as simple as that!

How much debt are you carrying right now?

Most of it on variable interest rates, right?

Just keep buying useless shit you can't afford on credit you dumb mother fuckers.

Don't say that you were not warned.

People have been 'trained' to respect money and very little else. Today's motto seems to be - Fake it until you make it. Quite fitting, no?

Our ancestors where stupid enough to allow the J into the country.

Guaranteed to increase. Honestly the rates here are less then grandpa paid, yet they go borrow never taking into account even a 2% increase. Never mind if it goes back to 15 - 17%.
Cannot feel sorry for people who choose to be that ignorant. Of course it cannot stay down, and It being down has made home prices head out of world for all.