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Re:Why Don't People Manage Debt Better? by icebraining on Friday February 19, 2016 @01:55PM (#11135631)
Oh, well, if an Youtube video says so, it must be true.

Does it show any evidence for that theory?

Re:Why Don't People Manage Debt Better? by notlefthanded on Friday February 19, 2016 @02:54PM (#11136113)
The video is by Ray Dalio, founder of Bridgewater, and it states that it's just his personal mental framework to understanding the economy; not claiming gospel or anything. Either way, he's kind of a big deal.