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Trouble in the House of Mouse

Slate Money

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The German Feeling About Debt

I think people have a strong moral sense about individuals' responsibility to pay back their loans. In Germany, debt is called shul, which is basically the same as like shame or guilt. I kind of don't believe it's generational. This is something I decided to do when I was 17. So you know if you're not talking about that all the time, I get maybe an interesting impact on your personal situation.

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