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It creates a healthier society in long run if people cannot spend money they don't have. Some goes for the uber decision, I think it's healthier for the job market and society in general when this kind of exploitation of employees is not possible. User experience of debit cards is just fine, I don't carry any cash, and typing a pin code is just as fast as singing your signature. And currently in the Netherlands debit…
> It creates a healthier society in long run if people cannot spend money they don't have Ok, now explain this: https://data.oecd.org/hha/household-debt.htm Denmark, Holland and Norway are nobody's idea of unhealthy societies -- and households there have well over double the debt load of US households.
All debt is tracked, including the 'free' phone you get with your subscription. You can't go over a limit based on your income.
Also a large difference with for example the US is that in the Netherlands you don't need a down payment when buying a home. And until recently you could include the transfer tax, realtor, etc in the mortgage. All which make it easier to buy a home and thereby driving up the debt of a household.