Drowning in Debt While Draped in Silk. The US Has Become a Country of Imaginary Rich People

The US has become a country of imaginary rich people, The Hill writes. Most citizens cannot even afford to pay for a coffee, and a significant share of purchases is made on credit. However, the consumer society is unable to break out of the vicious cycle of ostentatious luxury and continues to live in debt for the sake of a picture-perfect image on social media.

It is all because society is deeply schizophrenic. The digital “self” exists in an ideal world where dreams have come true, while the physical self chokes down instant noodles in a tiny room. But giving this up would mean admitting one’s own inadequacy in a world of conspicuous consumption.

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