Ok sure, I guess I don’t “need” anything apart from food and water and oxygen. What I really meant was, they will need to go into debt to finance the life they want to live, which for most people includes going to college and buying some type of property (not to mention other things like starting a business, supporting relatives, etc)
Most people, no. Need, no. Many will want to, for various reasons, yes.
(Unless China and India come up with some sort of mandatory debt. Then yes all the way.)
Ok sure, I guess I don’t “need” anything apart from food and water and oxygen. What I really meant was, they will need to go into debt to finance the life they want to live, which for most people includes going to college and buying some type of property (not to mention other things like starting a business, supporting relatives, etc)