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It's a very valid point you bring up. Illness in a family is the leading cause of personal bankruptcy (~50%). Where do people who can't afford to pay for medications turn? Their credit card of course! Leading them down a fiancial road that is nearly impossible to turn back from. Therefore forcing them to file for brankruptcy, which, thanks to new laws passed in 2006, still make them responsible to pay for all that debt. (Hmmm, how about each family making over $250K a year, sponsor a family who's been forced into bankruptcy because of illness?) It is true that, as I've been fortunate to experience, you can still work your way from one financial "class" to another, but it's very easy to lose it all without being careless with your money.
posted 5 years ago
posted 5 years ago
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