American Credit Card Debt Is At 1.3 Trillion | Joe Rogan & Joey Diaz

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Joey Diaz is a stand-up comic and New York Times bestselling author. He’s the host of the podcast “Uncle Joey’s Joint with Joey Diaz,” co-host of “The Check-In” with Lee Syatt, and author of “Tremendous: The Life of a Comedy Savage.”

Host: Joe Rogan
Producer: Jamie Vernon

Full Podcast here: https://open.spotify.com/show/4rOoJ6Egrf8K2IrywzwOMk

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Comments

@AlexXDiety says:

Giving them loans before they can understand them is the point. If it weren't they'd be teaching it in grade school. Credit, taxes, basic fucking finance.

@Omes747 says:

If the game is rigged just stop playing tbh. Let it all go to sht fck it .-.

@Kenniscent says:

I only use credit cards for emergency purchases, recently instead of taking money from the bank I took out a Lowe’s card at 0% for 12 months and bought a new washer and dryer .. 200 a month for 12 months same as cash isn’t so bad

@felix3033 says:

Not to mention the APR is 30+ percent . So if you are only paying the minimum you are never getting out of debt

@Sator69 says:

Usery is a hell of a thing

@alittlewasted3869 says:

The fucking disconnect is astounding

@grazer1906 says:

there is a lot of shit spoken in this video, contradictions, mis-calculations, generalisations

@vaclavhruza2115 says:

Colleges are insane, before education loanes were common 80% of funds to universities were from states and 20% from students, now its 80% from students, who gets it from govermenent, who have to often repay several times the amount he loaned.

@anthonygarcia7391 says:

What Sopranos episode is he talking about? Lol. Who does Tony give money to for bills and they buy shoes?

@Unaliveyourlocalcommie says:

Don’t pay it back. Let the system collapse. I don’t know if anyone knows this, but you can’t be thrown in jail for credit card debt, it just makes it so you can’t buy a house. As if you were going to buy one anyways

@RetailRipper says:

Owing money is mentally exhausting

@Seanpfree says:

Every economist knows the FED is going to Inflate the debt away, so everyone is racking up as much debt as possible. The national debt is unsustainable and will crash the country unless the value is inflated away. The interest payments alone increase exponentially if interest rates keep rising. THAT'S why the FED is already being forced to cut rates even though inflation isn't under control at 2%

@aljazzi8387 says:

They gave me a card at 16

@user-wj1jl9wm4c says:

I'm surprised the credit card debt in the U.S. isn't 2 or 3 times that much.

@user-ft3oc7ks9z says:

How are these two missing the driver? This isn’t consumer behavior related, this is awful economy/everything is expensive debt. This is Bidenomics at work.

@robertpesa4157 says:

Restaurants have been packed since the pandemic, and I've been saying it. I don't know where these folks are getting money when there are labor shortages in most industries. The fall is coming

@onespecies-human344 says:

I work with a girl who paying her school loan isnt even a thought, she knows she will never aford a house …

@mobilelabor1274 says:

Stop acting like blacks got the same chance when they come to getting money and bank loans and business loans in the house loans

@SmellyBodega says:

tell joe to look up what the annual tax rev collected by irl. we are fine. like life, a little debt is good, for now we can afford it , thats the game

@pallascat1743 says:

Suggests that wages are brutally low and people are using credit cards for day-to-day purchases.

@Woopass90 says:

After a divorce I had a Citibank card owing $30k. I called the bank to pay it out. Wow, did they give me the run around. They dont want you to pay it out. Haven't had a credit card since (12 years) and life is great.

@AD-2020 says:

It's shame that the focus drifted from the ineffectiveness of 'handouts' to credit debt situation.

@carlosangulo3035 says:

Bruh said “One day i woke up”

@stalkingbosses_corruptcops2504 says:

I got 39.9 Apr with a normal job. That ain’t getting paid

@BMG19FUNNYDIE says:

For struggling actor/writer in L.A, an ideal temp office job is near impossible. Government jobs take months-year to be hired. The extra $2-300 per month goes a long way.

@dailybreadministrytrust says:

Credit cards are unsecured debt because within US Code Title 18 Section 8 NOTES and federal reserve notes supplanting the national currency, with the coupon applied to unsecured credit card debt the payment process is complete. Pass go and collect $200.

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