Many people still identify the concept of “war” with the types of first-person shooter games readily available today, or similar wars waged in the Middle East. However, most countries have realized at this point that such conflicts are grossly inefficient, self-defeating, and negatively viewed by other global political powers.
The total debt of households in the US is 1.1 trillion dollars, with over 120 billion dollars of interest every month. The average household has over $6,000 in debt spread across 3 or more credit cards. Researchers also discovered that people were likely to spend significantly more on the same purchases when using a credit card than if they used debit. Even the more wealthy portion of the population accounted for ~20% of late fees due to simple absentmindedness and calculated manipulation.