America is a capitalistic country. So it's no wonder that we spend like there is no tomorrow. But black people spend all they have and won't save a penny. I mean we don't even buy things that can make us money. Clothing, nice cars, jewlery, and all the other flashy items we purchase do not attribute to our wealth as a group. Why do we do it. Well I blame slavery. Living in survival mode is nothing compared to living in "get better mode." Blacks were brought in the country to help whites make money. They weren't brought over here to save money and acquire wealth. So the cycle continues and can be seen even today. But aside form bad spending habits being a black thing it's an American thing. We want everything now hence why we have so much debt. We want to look good so we buy any and everything that will get us a compliment. But hey, this is America.
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