return2ozma@lemmy.world to News@lemmy.world · 1 year ago62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comexternal-linkmessage-square33fedilinkarrow-up1385cross-posted to: usa@lemmy.ml
arrow-up1385external-link62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square33fedilinkcross-posted to: usa@lemmy.ml
minus-squareArt35ian@lemmy.worldlinkfedilinkarrow-up10·1 year agoI hate this argument. What happened to being an adult and not signing your name to stupid shit you can’t afford?
minus-squareHerbal Gamer@sh.itjust.workslinkfedilinkarrow-up13·1 year agoPredatory business practices.
minus-squareArt35ian@lemmy.worldlinkfedilinkarrow-up8·1 year agoCompound interest has been a thing since the Babylonians, 2,000BC, and they understood it from clay tablets. If you don’t understand it 4,023 years later with a iPhone in your pocket, you’re an idiot.
minus-squareMotoAsh@lemmy.worldlinkfedilinkarrow-up11·1 year agoI mean, you’re not wrong, but I think their point was it’s morally wrong, not confusing.
minus-squareGiddyGap@lemm.eelinkfedilinkarrow-up6·1 year agoPredatory capitalism happened. And a system of society that doesn’t afford everyone an equal opportunity to take advantage of such a system.
I hate this argument.
What happened to being an adult and not signing your name to stupid shit you can’t afford?
Predatory business practices.
Compound interest has been a thing since the Babylonians, 2,000BC, and they understood it from clay tablets.
If you don’t understand it 4,023 years later with a iPhone in your pocket, you’re an idiot.
I mean, you’re not wrong, but I think their point was it’s morally wrong, not confusing.
Usury was also a thing back then.
Predatory capitalism happened. And a system of society that doesn’t afford everyone an equal opportunity to take advantage of such a system.