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

submitted 3 weeks ago by BrikoX@lemmy.zip 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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[–] dinren@discuss.online 5 points 3 weeks ago

Stop buying things. Save your money. Have cash on hand.