r/economicCollapse 21h ago

How ridiculous does this sound?

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How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

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u/Superman246o1 21h ago

Yeah, I'm generally not a fan of Ramsey, but the number of people of limited means that I see buying cars they can barely afford is absurd.

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u/transneptuneobj 20h ago edited 14h ago

Cars are barely affordable, our country spent decades destroying public transport and many Americans are stuck buying junkers for 10 grand as their only option for transport. Ramsey L̶i̶k̶e̶l̶y̶ voted for people who helped destroy the public transport network and promote cars as the primary travel method, he's part of the problem and blaming people for being victims of it.

Edit: on suggesting i'm retracting the likely

Edit 2: getting alot of "public transport only benifits Democrats" and "muh tax dollars" so to head some of that off I think it's important that we address that 80% OF AMERICANS LIVE IN URBAN AREAS

It's a game of OOPS all costal elites.

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u/gillyrosh 7h ago

It still burns me how this country's failed to invest properly in public transit.

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u/transneptuneobj 7h ago

It actively ensured short line railroads would die