The Debt Economy Is Eating Everyone Alive
jacobin.com
For people locked out of homeownership, “Buy Now, Pay Later” has become a way to finance basic expenses — with future income that may not actually materialize. The Trump administration, meanwhile, is busy protecting the lenders.
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/aboringdystopia by /u/blinkycosmocat on 2025-05-31 18:50:34+00:00.

Original Title: The Debt Economy Is Eating Everyone Alive. More businesses are partnering with lightly-regulated buy now, pay later companies like Klarna, while another company is now issuing credit cards backed by customers’ car titles.