0 sats \ 4 replies \ @freebookspls 24 Apr \ parent \ on: USA: private credit card debt explodes econ
That's partially true.
write
preview
0 sats \ 3 replies \ @Satosora 24 Apr
people dont need iphones to live.
reply
0 sats \ 2 replies \ @freebookspls 24 Apr
So....?
reply
42 sats \ 1 reply \ @Satosora 24 Apr
I think it is more that people are living outside of their means.
reply
52 sats \ 0 replies \ @freebookspls 24 Apr
Do you realize the spikes happen right after massive dollar emissions by the Fed?
Pinning the increase in debt to "people are dumb" is easy but imprecise (I'm being polite)
reply