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The Debt Economy Is Eating Everyone Alive (jacobin.com)

submitted 1 month ago* (last edited 1 month ago) by Pro@programming.dev to c/usa@midwest.social

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For people locked out of homeownership, “Buy Now, Pay Later” has become a way to finance basic expenses — with future income that may not actually materialize. The Trump administration, meanwhile, is busy protecting the lenders.

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[–] Crampon@lemmy.world -2 points 1 month ago

Crazy opinion. But you can simply not buy uneccesery shit for borrowed money.

Before anyone busts out the good old "but people buy necessities!!!"

Sometimes sure. But often not.