What's going to happen when they can't make the payments on this financing? Because that will happen. |
And yet the economy sucks and is getting worse. What does that tell you? |
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That's what happened during stagflation. I remember doing layaway. We couldn't remember what we bought months earlier so my mom would make a game of pulling it out of the bag.
It's not a good sign. |
Can you repossess groceries? /s I assume they will start garnishing paychecks and payments from the government. |
The rich MAGAs who own most of the stocks and who are getting richer while regular Americans suffer should keep rubbing everyone else's nose in it. |
What happened in 2008? This is the same thing, just with consumer debt. PayPal (or whatever) assumes the risk on BNPL, and then I'd assume that debt is traded like mortgages were. Perhaps only smaller lenders will go belly up this time, but I wouldn't count on it. |
Cue the pitchforks and torches, because that is where we are headed. |
Like Nancy Pelosi? |
Here is the very simple question.
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You don't see rank and file democrats supporting members being able to trade stocks. This is part of ethics reforms that should absolutely be passed as soon as possible. |
She's out there telling the working poor to suck it up and get a job? |
Trump should be getting ready for “Hoovervilles” instead of a ballroom. Also it will be hard to have Hoovervilles after the SCOTUS ruling. |
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https://www.cnbc.com/2025/10/22/meta-layoffs-ai.html?
Is this a sign of the AI bubble popping? |
And here Russ Vought had his heart set on firing corrupt lazy vile scumbag federal workers and replacing them with AI. Oh well. |