What would you like to do?

Why do Americans have more money problems than other countries?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

I think the answer may boil down to greed and consumerism. Every now and then we hear that America is the greatest consumer nation in the history of the world. This means that most Americans believe that buying or getting more material goods will bring them happiness. As you can see, most people are still unhappy no matter how much money they earn or spend. I believe this problem of believing money and material goods will make one happy results in America having more money problems than other countries. As everyone joins in the relentless pursuit of money, people start getting competitive and their ego then depends on who makes the most money. This results in the banks expansion of risky credit to make more profits, which results in more money in circulation which results in more greed among the populace. I do not believe Americans are the only ones with money problems as the capitalist model has been exported all over the world. Europe, China, Russia and India, indeed I believe the world is now having money trouble. Perhaps the best way to combat the worries and stress of money troubles is to realize you can't really bring all your money to you to your grave, so as long as you have some food and shelter, just live a happy life :) Hope this helps. Dan
1 person found this useful
Thanks for the feedback!
Follow

You've been in a dozens of television commercials. How did you get into that industry and succeed?

View Full Interview

What would you like to do?

Why is 802.11 wireless more of a security problem than any other type of network?

  Answer   Wireless is typically less secure because it uses radio waves for transmission. In other words, you have your data "floating" in airspace which makes it mo (MORE)

What would you like to do?

Why are some countries more populated than others?

Some countries are more populated than others because: Bad health and poor medical care, particularly in poor countries, can result in lower mortality rate, which encourages w (MORE)

Seven weird facts about American money

Despite the growing prevalence of credit cards and electronic transactions, good old-fashioned American money remains the standard store of value for people in the United Stat (MORE)

Three Chrysler Town & Country Common Problems

The Chrysler Town & Country is one of the best-selling minivans of all time. Uncover three common problems associated with the fourth-generation of this popular people mover. (MORE)

From The Very Beginning He Impresses Judges, But When He Does THIS, They're BLOWN Away!

All I Can Say Is Amen!This young man is amazing! He gets led into the American Idol audition room and instantly impresses the judges. Everyone is quite pleased with his tale (MORE)

Managing Your Money with ADHD

People with Attention Deficit Hyperactivity Disorder (ADHD) are notoriously bad money managers. As a group, they have more debt and lower credit scores than people who do not (MORE)

When This Off-The-Grid Country Gal Walks In, No One Knows What To Expect, Now Watch Keith Urban...

They couldn't believe it!When this off-the-grid country girl walks into the audition room, no one was quite sure what to expect. She had a look all her own, and a talent as b (MORE)

What would you like to do?

Do white pit-bulls have more problems than other pit-bulls?

  Since Pits have short hair, white pit bulls may need sunscreen when they are in the sun for a period of time. If they're skin isn't protected, they may get cancer. Other (MORE)

What would you like to do?

In Mining

Which country mines more gold than any other country?

Since 2007, China has led the world in gold production, overtaking South Africa, whose mines have produced as much as 50% of all gold ever mined in the world.
Thanks for the feedback!

What would you like to do?

In Brazil

Does Brazil have more forests than any other country?

YES The Amazon rainforest is situated in northern South America occupies the territories of Brazil, Bolivia, Peru, Ecuador, Colombia, Venezuela, Guyana, Suriname and French Gu (MORE)

What would you like to do?

Why do hurricanes happen more in some countries than others?

Various climatic factors contribute. Factors include seas-surfaces temperatures, wind shear, and large scale wind currents. Hurricanes require warm ocean water and little to n (MORE)

What would you like to do?

Why the US has more tornadoes than other countries of the world?

The seasonal interaction of warm, moist air from the Gulf of Mexico, with cooler air from Canada, drier air from the Rockies, and wind shear form interactions between high and (MORE)