2min snip

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Visa

Acquired

NOTE

The Optimistic Use of Debt

Americans have a long history of borrowing money to purchase things, even before the advent of credit cards. The practice of taking on debt has been deeply ingrained in society, with consumer credit playing a pivotal role in the country's economic growth. Despite the negative connotations associated with debt, individuals have historically utilized it as a means to express optimism about the future. This perspective illustrates that the willingness to incur debt is often driven by a belief in a brighter tomorrow rather than a response to dire circumstances.

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