Marital Debt: the responsibility a spouse owes to his or her partner to give that person sex upon demand. The marital debt is a right that either partner can claim.
"Sorry I couldn't make it over for the game yesterday. My wife wanted a payment on the marital debt."
Someone who borrowed heavily during the good times and in a downturn can only pay the interest or less.
Debt Zombies work their entire lives paying debt that will never die. 30-60% of their salary is spent on repayments erasing all disposable income with high-interest credit cards coming to the rescue for living expenses. They spend their waking hours working in multiple low-wage job solely focused on paying the interest on their loans. The debt just never dies.
Tilly Rockefowler did a liberal arts undergrad and then a masters in political science costing her $75,000 in loans. Five years later she's now earning $50,000 in a non-profit based in Washington DC. The various moves has racked up consumer debt taking her loans above $100,000. In addition to her day job she works 35 hours doing the 6-8am shift in Starbucks, odd jobs from taskrabbit and in her spare time she scans craigslist for pharmaceutical trials and kidney sales. Her two sole friends consist of a neurotic debt-counselor and a debt-collector based in Bangalore, India whom she has on ongoing long-distance relationship with. She roommates with happy, free-spirited students and will do so well into her 40's. Tilly is a debt zombie.
Bob & Alice bought a 2 bedroomed house in a remote suburb of county Dublin in 2006 for โฌ550,000. Bob worked as an IT lead in Microsoft and Alice was a QA. The house is worth a third of its value today and will not recover for twenty years. Bob is now an office temp replacing laser cartridges and is often chastised for not loading the paper in the tray correctly. Alice doesn't live with Bob anymore. 60% of Bob's rent is paying the interest-only portion of his loan. He's racking up additional credit card loans. He commutes 3.5 hours each day to Dublin city. He will never pay his loan off. He is permanently depressed. Bob is a debt zombie.
An of offer of credit from a financial institution.
Wife: What did we get in the mail today?
Husband: Just an Application for Debt.
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Something you accumulate whenever you don't sleep an adequate amount on a given night. In the ghetto they call it "slizzeep to da dizzebt".
If sleep debt was dollars, yo' mama would be a rich bitch.
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Name of an AstroTurf entity created by Berman & Co.. Pretends to be a grass movement; asks for donations. Website basically explains that taxes on the rich are too high and can't be raised (statistics are wrong). Video ads claim that the health care reform bill will increase the deficit (in contradiction to the Congressional Budget Office estimate, that it will reduce the deficit).
"Defeat the Debt" is part of an anti-labor, anti-poor, anti-consumer, anti-U.S. front group that is wholly motivated by money and hatred of the working class.
So now, everywhere you go you see ads for "Defeat the Debt." What's that all about?
Oh, it's basically a bunch of rich folks trying to pull the same bullshit they've used since 1981, destroying education and infrastructure, leaving poor children to rot in homeless shelters, and terrorize workers so they'll tolerate any cruelty the managers want to inflict.
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Something that was 5.6 trillion when Bush took over and now is 12.3 when Obama gets his turn. Was ok to add 6.7 trilion with Bush but now... what to do???
My share of the national debt is 12 trillion divided by 300 million... hummm.. about 40 grand...
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the debt you accumulate from borrowing money off your other stoner friends to smoke weed that you canny afford
Friend: "Do you wanna go Nando's?"
Me: I really shouldn't go considering my current substantial weed debt ."
Friend: "Oh go on, just for a cheeky one"
Me: "ok "