As "YOLO spenders" have financed more and more spending with debt, Rosenberg said the consumer credit default cycle has already arrived.
  • grue@lemmy.worldEnglish
    361·
    9 months ago

    "…so we can then swoop in and save them from themselves!” the banking shill, probably.

    I’m not so sure about that “probably.” I think “so we can then swoop in and exploit them with even more predatory products and services!” is more likely.