Americans fear they can't pay back their debts, credit cards

return2ozma@lemmy.world to News@lemmy.world – 295 points –
Americans fear they can't pay back their debts
newsweek.com
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Which is precisely something anyone outside the US (or other countries without a functional social healthcare system) don’t understand. Nobody outside those places is as worried about their healthcare costs dragging them into debt. Which makes sense, considering there’s no reason why an ambulance should cost between 5 and 10 thousand dollars, or a drug having to cost 5000 times the production price, when it’s initial development was funded by US taxpayers.

Eh, plenty of people here in Europe go into horrendous debt after an unwanted change in circumstances. Maybe not medical debt (to some countries), but many lose jobs, homes, income, and more.

They were specifically talking about medical debt.

Also, most European countries have excellent systems to catch those who lose jobs until they get a new one so you don't have to start over.

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