return2ozma@lemmy.world to News@lemmy.world · 10 months ago62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comexternal-linkmessage-square22fedilinkarrow-up1271arrow-down13cross-posted to: usa@lemmy.ml
arrow-up1268arrow-down1external-link62% of Americans are living paycheck to paycheck, as holiday spending, credit card debt risewww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square22fedilinkcross-posted to: usa@lemmy.ml
minus-squareWhiteHawk@lemmy.worldlinkfedilinkarrow-up8arrow-down3·10 months agoThen what’s to stop people from borrowing money and waiting until the amount they have to pay back is less than what they borrowed due to inflation?
minus-squareRealEarthHuman@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down1·10 months agoForfeitures. Credit ratings.
minus-squarechitak166@lemmy.worldlinkfedilinkarrow-up5arrow-down3·10 months agoWhat’s to stop people from borrowing money and waiting until they die?
minus-squaretsonfeir@lemm.eelinkfedilinkarrow-up5arrow-down4·10 months agoI guess nothing. Make things cheaper.
minus-squareWhiteHawk@lemmy.worldlinkfedilinkarrow-up4arrow-down1·10 months agoIt’s a bit more complicated than that, I’m afraid
Then what’s to stop people from borrowing money and waiting until the amount they have to pay back is less than what they borrowed due to inflation?
Forfeitures. Credit ratings.
What’s to stop people from borrowing money and waiting until they die?
I guess nothing. Make things cheaper.
It’s a bit more complicated than that, I’m afraid