@return2ozma@lemmy.world to News@lemmy.world • 8 days agoBuy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt riseswww.nbcnews.comexternal-linkmessage-square40fedilinkarrow-up1137arrow-down12cross-posted to: usa@midwest.socialusa@lemmy.mlaboringdystopia@lemmy.world
arrow-up1135arrow-down1external-linkBuy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt riseswww.nbcnews.com@return2ozma@lemmy.world to News@lemmy.world • 8 days agomessage-square40fedilinkcross-posted to: usa@midwest.socialusa@lemmy.mlaboringdystopia@lemmy.world
minus-square@Spacehooks@reddthat.comlinkfedilinkEnglish17•8 days agoI swear to god this is literally what happened 100 years ago with credit causing the great depression in the 30s. Are we at a 100 year cycle?
minus-squarethedruidlinkfedilink7•8 days agoThat’s was a part of it. The dust bowl aggravated it further and done other things occurred Not the same. This is worse. People chose this
minus-square@Spacehooks@reddthat.comlinkfedilinkEnglish2•8 days agoFudge. I fear you are right. Maybe we can get a housing crisis?
I swear to god this is literally what happened 100 years ago with credit causing the great depression in the 30s. Are we at a 100 year cycle?
That’s was a part of it. The dust bowl aggravated it further and done other things occurred
Not the same. This is worse. People chose this
No, we are in 20y cycle
Fudge.
I fear you are right. Maybe we can get a housing crisis?