We take one year as a cycle and ignore the process. Suppose that the interest of 6,543,800 yuan will generate 8,000 yuan a year, and a total of 6,543,800 yuan will be paid back to the bank one year later. Let's take an extreme. If you spend all the borrowed RMB 6,543.8+0.08 million, then the premise of not breaching the contract after this cycle is to borrow RMB 6,543.8+0.08 million to pay back the previous cycle. The second cycle costs nothing, assuming the average interest rate is 8%, then the repayment of principal and interest after the second cycle 10 * (1+8%) 2 is basically in line with the situation of compound interest. According to the 72 rule, the principal and interest are doubled every 9 years, which looks good. Borrow 654.38 million yuan in the first year, as long as it can be spent in the ninth year.

But this is not the case. Once the road of borrowing and consumption is opened, it is impossible to spend 10 million in the first year and not spend a penny in the second year. It may be more than100000 yuan. Let's assume that it costs 6,543,800 yuan per year, then the above formula will change. In the second year, it needs 654.38 million yuan plus the principal and interest of the previous year. Third year: 6,543,800 yuan fee+6,543,800 yuan principal and interest in the second year+654.38+ 00 * (654.38+0+8%) 2 The principal and interest in the third year, the greater the interest, the 580,000 yuan in the fifth year and the 6,543,800 yuan in the ninth year. Of course, if we consider that income can cover part of interest, know how to scrimp and save money to pay off debts, then our debts will be reduced, or our wives will pay off. On the other hand, if the consumption desire is too great and the income is not enough to cover the interest generated every year, our debt will deteriorate. Of course, this income also includes investment income.

Therefore, inducing young people to spend unlimited debts is laying a mine for the future. What credit cards can balance each other's debts? As soon as an accident happens, it will deteriorate immediately, and its ability to resist risks is extremely poor. People will not be convinced, and people around them will drift away. If there is a thunderstorm one day, you can either make the older generation tighten their belts or bear all the consequences of debt default. Some gray channels will make you understand the cruelty of society.