Comment on Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
A lot of younger people are maxing out credit cards and Buy Now Pay Later money lenders and then not paying it back.
Yeah but that only works for about a month. Then they are toast.
No no. You max everything out then go bankrupt. Like the big companies do.
LemmyKnowsBest@lemmy.world 5 months ago
Yeah but that only works for about a month. Then they are toast.
Randomgal@lemmy.ca 5 months ago
No no. You max everything out then go bankrupt. Like the big companies do.