comment: >
  
  Because less than half a dozen other countries let you discharge debt through bankruptcy. The rest only allow debt restructuring, and even then in those half dozen other countries you are marked for life. Declare bankruptcy in the US and your debt goes away as well as the bankruptcy being meaningless only ~4 years later. 
  In Finland for instance, insolvency means you lose all access to welfare programs and are a defacto indentured servant until your debts are paid in full with interest
  Do you understand that bankruptcy is an absurdly generous privilege? The alternative was literally debt slavery - you didn't pay your debt back, as such I own you.
  And as far as business bankruptcy law goes, the USA is by far the best with no one else even coming close
context: There is literally a global social mobility index and the US is number 27. >
  
  See my previously made edit above. Does not at all apply here >
  
  Just so you know, that is by the WEF. Which the WEF bases on:
  Overall health
  Education access
  Education quality and equity
  Lifelong learning
  Technology access
  Work opportunities
  Fair wage distribution
  Working conditions
  Social protection
  Inclusive institutions
  I own a masonry company, I made just under a million dollars this year, and according to the WEF if everyone was like me the USA would rank below most of subsaharan Africa. >
  
  lmao imagine trusting the WEF to do anything right >
  
  Live in the pod, eat the bugs... >
  
  You'll own nothing and you'll be happy ~~or else~~ >
  
  I tend to agree. There’s no guarantee for sure — but most Americans don’t understand how hard it is to have any opportunity at all in other places where your country decides who gets the opportunities or who can even go to college.
  At least in America, you have a shot if you want to put in the work. >
  
  
  If you start life in the middle class, with hard work you can get into a good college, secure decent scholarships, get good grades in a useful major, get a high paying job out of college, and job hop your way to wealth (+$5MM).
  
  Not everyone is able to get decent scholarships for a variety of reasons. Meaning, lots of people are forced to take loans, and if for whatever reason their professional plans don't go as planned, they will have a hard time paying them back.
  Also, if you have any health emergency and your insuramce ends up not covering, that can put you in big debt and doesn't help much on your journey to become rich 😅 >
  
  What’s an example of an emergency insurance would not cover? >
  
  Instead of listing examples, maybe just consider this for a moment. Not only does the US have the highest rate of medical bankruptcies in the WORLD, but 62% of those people had insurance.