So paper posturing it is :)

You are saying it is a killer APR without even using it with any meaningful amount of savings. You are saying this to someone who has used it when it was even at 20% when he is saying to you that it isn't.

I know you are better than that edicted, I know that you can reflect on things.

I'm illustrating that most people are poor and live paycheck to paycheck.
$20k in savings is a huge sum for the vast majority of people.
Even for white collar workers earning 6 figures a year.

Queue the fake bald eagle sound. No, mate people outside of the US can save quite a bit of money.