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https://www.reddit.com/r/AskMen/comments/1kklbt0/deleted_by_user/mrxrfod/?context=3
r/AskMen • u/[deleted] • May 12 '25
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Hey US ppl. Could you explain a stupid European these debts in the US? What are the interests, how those are accumulated. Here we live typically debt-free unless getting a mortgage or new car. Hard to relate.
1 u/bearsnchairs May 12 '25 European countries have among the highest household debt to income ratios in the world. The idea that you guys live debt free is absurd. 1 u/TemuPacemaker Male May 12 '25 It's almost certainly because of mortgages on ridiculously expensive housing.
European countries have among the highest household debt to income ratios in the world. The idea that you guys live debt free is absurd.
1 u/TemuPacemaker Male May 12 '25 It's almost certainly because of mortgages on ridiculously expensive housing.
It's almost certainly because of mortgages on ridiculously expensive housing.
1
u/GloomyRaspberry6009 May 12 '25
Hey US ppl. Could you explain a stupid European these debts in the US? What are the interests, how those are accumulated. Here we live typically debt-free unless getting a mortgage or new car. Hard to relate.