fossilesque@mander.xyz to Political Memes@lemmy.worldEnglish · 5 days agoWhen the quiet part comes out...mander.xyzimagemessage-square49linkfedilinkarrow-up1543arrow-down14
arrow-up1539arrow-down1imageWhen the quiet part comes out...mander.xyzfossilesque@mander.xyz to Political Memes@lemmy.worldEnglish · 5 days agomessage-square49linkfedilink
minus-squareb34k@lemmy.worldlinkfedilinkarrow-up11·4 days agoWell, then what happens when you make things so expensive that people can’t afford their consumer goods anymore?…
minus-squaretempest@lemmy.calinkfedilinkarrow-up11·4 days agoYou demand lower interest rates so that the consumer can get themselves into forever debt. That kicks the can down the road for a bit so hopefully it’s someone else’s problem.
minus-squaremerdaverse@lemmy.ziplinkfedilinkarrow-up2·4 days agoAnd this is how small loan shit like Klarna is born. Where we see debt and uncertainty, capitalists see opportunities.
Well, then what happens when you make things so expensive that people can’t afford their consumer goods anymore?…
You demand lower interest rates so that the consumer can get themselves into forever debt. That kicks the can down the road for a bit so hopefully it’s someone else’s problem.
Yup. Bleak.
And this is how small loan shit like Klarna is born. Where we see debt and uncertainty, capitalists see opportunities.