Consumerism
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"People who are living in the wealthy nations are encouraged to spend and to consume, to expand their lives, to own more things, to have more obligations, but in reality they cannot really afford this. And so they become overextended, and then life presents unanticipated events—illnesses, other problems, expenses that were unforeseen."[1]
References
- ↑ The Coming Financial Storms (October 11, 2008)