Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time. It has been said that the borrower is the servant of the lender, and most of us start going into debt very early into our adult years. In fact, those that go to college to “get an education” are likely to enter the “real world” with a staggering amount of debt. And of course that is just the beginning of the debt accumulation.
Today, when you add up all mortgage debt, all credit card debt and all student loan debt, the average American household is carrying a grand total of 203,163 dollars of debt. Overall, American households are more than 11 trillion dollars in debt at this point. And even though most Americans don’t realize this, over the course of our lifetimes the amount of money that we will repay on our debts is far greater than the amount that we originally borrowed. In fact, when it comes to credit card debt you can easily end up repaying several times the amount of money that you originally borrowed. So we work our fingers to the bone to pay off these debts, and the vast majority of us are not even working for ourselves. Instead, our work makes the businesses that other people own more profitable. So if we spend the best years of our lives building businesses for others, servicing debts that we owe to others and making others wealthier, what does that make us?
In 2015, the words “servant” and “slave” have very negative connotations, and we typically don’t use them very much.
Instead, we use words like “employee” because they make us feel so much better.
But is there really that much of a difference?
At this point, Americans are more dependent on the system than ever before. Small business ownership in the U.S. is at a record low, and the percentage of Americans that are self-employed has fallen to unprecedented levels in recent years. From a very early age, we are trained to study hard so that we can get a good “job” (“just over broke”) and be good cogs in the system.
Perhaps you don’t think that any of this applies to you personally.
Well, if someone came up to you and asked you what you truly own, what would you say?
Do you own your vehicle?
Most Americans don’t.
What about your home?
Do you own it?
Most Americans don’t.
In fact, overall the banks have a much greater “ownership” interest in our homes and our land than we do.
But even if you have your home totally “paid off”, does that mean that you actually “own” it?
Well, no, not really.
So can we really call ourselves the “home of the brave and the land of the free”?
Isn’t the truth that the vast majority of us are actually deeply enslaved?
Full article: Most Americans Are Slaves And They Don’t Even Know It (Zero Hedge)