Being fully leveraged is great for capitalism and horrible for your mental health and general well being. Ever live under crushing debt? It’s awful. Step back for a minute and look at the big picture. People are taking on debt to eat lunch. That’s insane. The author acts like it’s zero sum and if BNPL isn’t the one offering the short term loan someone else will at worse terms. That’s just not true and hand waves over the fact that people who are uneducated are unwittingly being coaxed into making bad decisions with glittery UX and one click checkout.
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