Not enough debt

[barisbilgili]

Considering something that we want to do, of course, this is very important because so that we can know the purpose of doing it because without considering it first, it is possible that what we do is detrimental to ourselves and for someone who is improving their financial condition, of course, it will be better to restrain themselves against the lifestyle they have and they must focus on the business they want to develop so that they can achieve success and can also improve their financial condition, But for some people who choose to use credit cards for their lifestyle, of course that person has to work even harder to be able to pay off the credit card bills they have and I agree with you every person who has good knowledge about debt, of course they will not use debt for their lifestyle and they prefer to use loans for things that can indeed be profitable such as to develop Their business is becoming more developed than before.

The point is that debt is only good if it is used for positive things, if it is only to show off with debt money I think they are stupid people. I have even seen a businessman who was bankrupt but he managed to rise again because of debt, he used the debt money to make his financial life good again, so I think that can be a positive example so that we don't need to be afraid of debt as long as we can use it for good or benefit in the future.

[Bitco55]

World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.

Woahh, brooo, I've never been so shocked at someone's mentality. No offense  , but how can you even think in such a manner? You're basically trying to say, everyone should take loans, whether they need it or not, enslave themselves to the people and companies or countries they took loans from and work their ass out to pay, then go through the cycle again. Wow, that sounds like a very meaningful life well spent   . I bet you live like that for the welfare of your country right? You should keep it up. Acquire as much debt as you want and work 2, probably 4-to 5 jobs to pay them off, and watch your country miraculously develop through your hard work  .

Okay, but jokes aside, you should know that what makes an economy grow isn't DEBT, but INVESTMENTS. it's not all about getting money and enslaving yourself, but what you do with that money. You're not totally wrong though, a lecturer of mine once said that a successful business endeavor is actually one that has 80% other people's money and 20% the founder's. I was so confused for so long as to how that made sense. It took me a while to realize that what he actually meant was that,
successful businessmen use shares and loans to make money for themselves and after a while of course, pay off their debt. And yes, the cycle continues, they would still continue to sell more shares, take more loans, and buy more shares, pay off more debt. 

You see, I kinda get what you're trying to say but you would have actually made more sense if you didn't talk about taking 2 jobs to pay off a debt you didn't need in the first place. If you could run 2 jobs at the same time and you were so hardworking, why did you take out a loan in the first place? For the purpose of Economic growth? Nahhh... That's not how it works brother.

[Yatsan]

World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.

Okay, but jokes aside, you should know that what makes an economy grow isn't DEBT, but INVESTMENTS. it's not all about getting money and enslaving yourself, but what you do with that money. You're not totally wrong though, a lecturer of mine once said that a successful business endeavor is actually one that has 80% other people's money and 20% the founder's. I was so confused for so long as to how that made sense. It took me a while to realize that what he actually meant was that,
successful businessmen use shares and loans to make money for themselves and after a while of course, pay off their debt. And yes, the cycle continues, they would still continue to sell more shares, take more loans, and buy more shares, pay off more debt. 

I must agree to him because his right that it's investments, instead of debt, are what actually power economic boom. The essential thing is how correctly money is applied to gain returns and create cost, not simply accumulating more debts. By leveraging funds from shares and loans, agencies can finance operations and boom beyond what they might attain with their very own capital because of this leverage it allows them to adopt formidable initiatives and enlarge their marketplace presence. To this date, the cycle nowadays includes elevating finances, investing in growth, and then paying off debt with the returns generated instead making more debts. As business prevails, they reinvest profits into further expansion and possibly raise more finances, driving endured boom. Therefore, my whole point agrees to this statement is while debt is an effective tool in facilitating funding, strategic use of these investments drives long-term economic success.

[MissNonFall9]

I know very well that productive people are less productive if they are uncomfortable with their lives. That is fine for those who use credit cards. However I see some posh people around me who use credit cards just to boost their self-esteem and have no potential to increase or decrease their productivity. So I think for those who do not have any economic development potential from using credit card there is no need or better not to use credit cards.

Rich people are always easier to use whatever they want as long as they have considered what it is for, but for people who are trying to improve their economy through developing their own business, I also think that using credit cards should still be considered unimportant as long as they can still live a more comfortable life without having to increase their prestige in using anything. Because productive people should be smart people who will not use something without any function for their own work so they will not carelessly use any card if its function itself is not much and has no effect on improving our own economy.

Yes, economic progress is the main topic of discussion and consideration. All legitimate means for this economic progress should be exploited. We should always take care that whatever we do is done rationally and analytically. That is we should know everything about what to do. Only then we will understand where it is good to take a loan and when it is not necessary to take a loan and our economic development will be possible.