Here's a brief history of the world's descent into financial madness:
Pre-History (BC - 2008)
Humans lived in a world of relative financial stability.
They worked, saved, and didn't worry about interest rates.
It was a utopia of sorts.
2008: The Year Everything Changed2008: The Year Everything Changed
A magical event known as "The Crash" occurred, sending the global economy spinning.
People started talking about "credit" and "debt" like they were dirty words.
2010: The Great Bailout2010: The Great Bailout
Politicians and economists decided to "fix" the economy with more money.
It's like trying to put a band-aid on a hole that's been blown to smithereens.
2012: Quantitative Easing2012: Quantitative Easing
The central banks started printingประก money like it was going out of style.
Prices rose, but so did anxiety levels.
2015: Student Debt2015: Student Debt
Young adults realized they'd rather be in debt than actually work for a living.
The student loan industry became the new American Dream.
2020: Peak Debt2020: Peak Debt
Debt levels reached a new, unsustainable high.
People started talking about "debt ceiling" like it's a real thing.
2025: Debt Purgatory2025: Debt Purgatory
The world is stuck in a never-ending cycle of debt.
Humans are forced to choose between eating ramen noodles or paying rent.