For many Americans the most important thing in their life is their credit cards, mortgage, credit scores, and loans which they have to payoff. So, basically their whole life revolves around credit. It’s not surprising that they call at 12.00 pm to check about their credit cards. But the ironical part of this is, that many are not credit literates, it’s very hard to make them understand how there credit cards work, the reason being, the credit card companies and the credit policies are so delicately structured that it’s very hard for a layman to understand. And the most interesting part is that most of the credit card companies, take advantage of this, and make many people fall in this trap. They start charging bills even before that card is activated and then follows the wave of charges, finance charge, late payment charges, over limit charges, membership charge, and what else. It’s no surprise that credit card companies are sometime referred to as ‘highway robbers.’ They are millions of people who are in debts.
There are few things which I am very clear about now, which I wasn’t before
- Not all Americans are rich
- Though America may look prosperous, but many Americans are not
Illegal immigration, hypocritical foreign policies, costly wars, outsourcing of jobs to developing nations, growing internal strife between different communities and many more have made America a old tree, whose leaves are of no use anymore and anywhere.
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